US opens anti-dumping probe on Chinese mattresses after complaints
Mattresses from China were estimated to be worth about US$436.5 million in 2017 – but could face duties following a new investigation
PUBLISHED : Saturday, 13 October, 2018, 5:01am
UPDATED : Monday, 15 October, 2018, 2:57pm
Related topics
The United States is investigating alleged dumping of China-made mattresses after complaints from several US manufacturers, including Leggett & Platt, Tempur Sealy International and others, the Department of Commerce said on Friday.
If the department determines that China is selling mattresses in the United States at less than fair value, and is harming US sellers, it would then impose duties, it said in its statement.
Global recession? No need to panic just yet
Mattresses from China were estimated to be worth about US$436.5 million in 2017, according to the department.
It said the US International Trade Commission (ITC) would make its initial decision by November 2, followed by the Commerce Department by February 27. A final decision is scheduled for May 13, but could be later, it added.
Watch: Jack Ma urges business leaders to help stop US-China trade war
Shares of Tempur Sealy were up nearly 1.5 per cent in late morning trade following the Commerce statement, while shares of Leggett & Platt were up less than 1 per cent.
Other privately held companies – Corsicana Mattress, Elite Comfort Solutions, Future Foam, FXI, Innocor, Kolcraft Enterprises and Serta Simmons Bedding - also signed the petition asking Commerce to investigate, the department said.
Most Popular
Viewed
- 1
![Ocean Network Canada confirms addition of hi-tech sensors built by Chinese scientists to its marine observatories in Pacific Ocean
US state department has ‘nothing to say’ on matter]( "Ocean Network Canada confirms addition of hi-tech sensors built by Chinese scientists to its marine observatories in Pacific Ocean
US state department has ‘nothing to say’ on matter")
- 2
![A portion of the bridge which leads to a tunnel section. Photo: Martin Chan]( "A portion of the bridge which leads to a tunnel section. Photo: Martin Chan")
- 3
![Beijing officials have been hamstrung in the trade war by think tanks serving only their backers’ interest. Photo: Shutterstock]( "Beijing officials have been hamstrung in the trade war by think tanks serving only their backers’ interest. Photo: Shutterstock")
- 4
![A Chinese task force has been working flat out to tackle the problems facing the country’s stock market and economy. Photo: AP]( "A Chinese task force has been working flat out to tackle the problems facing the country’s stock market and economy. Photo: AP")
- 5
![Video shows a man hurling racist insults at an elderly black woman in same row
Flight attendants failed to eject him from the flight]( "Video shows a man hurling racist insults at an elderly black woman in same row
Flight attendants failed to eject him from the flight")
Shared
- 1
![Ocean Network Canada confirms addition of hi-tech sensors built by Chinese scientists to its marine observatories in Pacific Ocean
US state department has ‘nothing to say’ on matter]( "Ocean Network Canada confirms addition of hi-tech sensors built by Chinese scientists to its marine observatories in Pacific Ocean
US state department has ‘nothing to say’ on matter")
- 2
![A portion of the bridge which leads to a tunnel section. Photo: Martin Chan]( "A portion of the bridge which leads to a tunnel section. Photo: Martin Chan")
- 3
![Team behind landmark project needed to address environmental challenges such as frequent typhoons, airport height restrictions and the habitat of dolphins
Curves on main deck of bridge meant to resemble a snake and reduce boredom of those traversing the 55km link]( "Team behind landmark project needed to address environmental challenges such as frequent typhoons, airport height restrictions and the habitat of dolphins
Curves on main deck of bridge meant to resemble a snake and reduce boredom of those traversing the 55km link")
- 4
![A Chinese task force has been working flat out to tackle the problems facing the country’s stock market and economy. Photo: AP]( "A Chinese task force has been working flat out to tackle the problems facing the country’s stock market and economy. Photo: AP")
- 5
![Beijing officials have been hamstrung in the trade war by think tanks serving only their backers’ interest. Photo: Shutterstock]( "Beijing officials have been hamstrung in the trade war by think tanks serving only their backers’ interest. Photo: Shutterstock")
Commented
You may also like
Sir Antonio Pappano’s musical journey brings him to Hong Kong
In partnership with: Leisure and Cultural Services Department
Three Waters: a tranquil alternative for London living
Brought to you by JLL
Comments: