The US Department of Commerce may issue a tax order, Chinese home furnishing exports should be careful

In fact, we have long heard the news that the United States will impose countervailing duties (CVD) on Chinese mattresses and anti-dumping duties (AD) on mattresses from Cambodia, Indonesia, Malaysia, Serbia, Thailand, Turkey, Vietnam and other countries, but the final ruling of the US government has not yet come down.

China's mattress exports to the United States may be subject to anti-subsidy duties

On April 21, the U.S. International Trade Commission issued an announcement on its official website, announcing the official launch of an anti-dumping and countervailing duty investigation on mattresses from eight countries including China and Cambodia.

If the Department of Commerce reaches a positive conclusion in these investigations, the U.S. International Trade Committee will formally rule that mattresses imported from these eight countries have caused substantial damage to the domestic mattress industry in the United States and will impose tariffs on these imported goods. The U.S. Department of Commerce's final ruling on these cases is scheduled for September 8 for countervailing duties and November 23 for anti-dumping duties.

What is certain is that in the countervailing duty investigation, the Department of Commerce will determine whether Chinese mattress producers are receiving unfair government subsidies. In China, there are 19 so-called subsidy programs, including loan programs, export credit programs, tax programs, grant programs, and underpayment programs. In the antidumping investigation, the Department of Commerce will determine whether mattresses imported from these seven countries are dumped into the U.S. market at sales prices below fair value .

Tariffs will affect 12,000 jobs in the United States

Americans have different opinions on the tariffs. The party requesting the tariffs said that the mattresses from the seven countries have affected the US job market, reducing about 1,300 jobs. The opposing party said that if the US government imposes tariffs , 12,000 jobs in the US will be reduced , mainly in warehousing, freight, ports and other industries.

Previously, on March 19, 2021, the U.S. Department of Commerce officially announced a final affirmative anti-subsidy ruling on mattresses from China. At the same time, the anti-dumping duty rates for seven countries, including Cambodia, Indonesia, Malaysia, Serbia, Thailand, Turkey and Vietnam, were also announced.

The announcement of this news caused the stock prices of many domestic and foreign mattress manufacturers to fall, especially Mlily, whose stock price hit the limit down on the day the news was announced. However, a number of sellers also expressed their opinions.

This is truly bandit logic on the part of the Americans.

We have adjusted our supply chain to avoid tariffs.

After the ruling, it was decided not to ship the goods.

From this, we can see that if the final result is determined, China's mattress manufacturers will also be affected to a certain extent. However, sellers need to pay attention to the changes in US tariffs, and make plans and take corresponding measures in advance to avoid being affected by tariffs and affecting the export fate of their products.

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Ministry of Commerce

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