Home / Lights & Construction

As the world's second largest economy, second largest importer and largest exporter, the new crown virus epidemic not only has an impact on the domestic economy, but also has a huge impact on the world economy. To make matters worse, the U.S. Department of Commerce announced on March 19, 2021 that it had made a definitive anti-subsidy final ruling on mattresses imported from China, Cambodia, Indonesia, Malaysia, Serbia, Thailand, Turkey, and Vietnam. The subsidy rate for exporters/exporters is 97.78%. On April 26, the U.S. International Trade Commission made a final ruling, which will be implemented on May 3, 2021. China's outstanding mattress manufacturers such as Simmons Beauty Sleep, Dream Baihe, Mousse, and Xilinmen are among these companies that have been sanctioned by the US Department of Commerce. This is undoubtedly a serious blow to Chinese mattress companies that want to promote overseas deployment. So how do Chinese mattress companies respond to the epidemic and anti-subsidy and anti-dumping measures?

U.S. conducts final anti-subsidy and anti-dumping ruling on mattresses in China and Southeast Asia

Among them, on March 31, 2020, seven mattress manufacturers in the United States and two labor union organizations in the United States filed applications with the U.S. Department of Commerce and the U.S. International Trade Commission to initiate an anti-subsidy investigation on mattress products from China, and at the same time impose an anti-subsidy investigation against Cambodia. Mattress products in 7 countries including Indonesia, Malaysia, Serbia, Thailand, Turkey and Vietnam initiated anti-dumping investigations. The U.S. Department of Commerce and the U.S. International Trade Commission conducted anti-dumping investigations on the same product in this case at the applicant's application. The anti-dumping investigation was concluded in December 2019, and the final tax rate for Chinese companies was 57.03% to 1731.75%.

The export of 30,000 Simmons mattresses involving a value of more than 100 million yuan was blocked in China

On April 21, 2020, in response to the application submitted by American domestic companies Brooklyn Bedding, Corsicana Mattress Company, Elite Comfort Solutions, FXI, Inc. equal to March 31, 2020, for Simmons, Dream Lily, Mousse, Xilinmen and other mattress companies initiated anti-subsidy investigations. The U.S. suppressed Chinese companies for export countervailing and tax increases by 97.78%,

Recently, the reporter was informed that as a well-known international and domestic brand Simmons beauty sleep, nearly 30,000 mattresses exported by Simmons (Shenzhen) Sleep Technology Co., Ltd. are just about to be sent to foreign markets recently. They are suspended under a ban by the US Department of Commerce. In the domestic warehouse.

In the face of internal and external troubles, how should the Simmons beauty sleep batch of mattresses go, and how can companies expand overseas and domestic markets?

It is understood that this batch of 30,000 Simmons mattresses was ordered by a foreign buyer and the amount involved was more than 100 million yuan. However, due to the impact of the epidemic, shipping decreased and freight increased, and the purchaser requested delayed shipment, plus 30,000 mattresses. The storage area involved is too large, which affects the storage of the factory, and virtually increases the cost of the enterprise, but the purchaser is unwilling to bear the cost of storage.

What is even more unexpected is that with the intensive introduction of anti-dumping policies led by the United States, more trade barriers have been artificially set up for the export of domestic products.

The person in charge of Simmons stated that if it were not for the epidemic and the malicious anti-dumping policies of the United States, the mattress products of Simmons (Shenzhen) would surely sell well in the United States due to their high product quality. As an excellent traditional manufacturing enterprise, in reality, the inventory of 30,000 mattresses involving an amount of more than 100 million yuan is tantamount to a huge pressure.