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Daily Journal
     December 18, 2020      #96-353 KDJ
 

Will consumer lose sleep over high tariffs? 

By Stephen Moore

When import tariffs are under discussion in Washington, D.C., they typically revolve around rates of 5 percent to 25 percent on foreign goods.

But what about duties on imported household items that can reach 300 percent, 500 percent or even 900 percent?

Those are the tariff rates that some in Congress and the Trump administration propose on imported bedding products and mattresses. Rates that high could drive some mattress prices from the $100 or $200 range to above $1,000. Talk about sticker shock.

There is a classic clash in ...

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