Close Menu
News JournosNews Journos
  • World
  • U.S. News
  • Business
  • Politics
  • Europe News
  • Finance
  • Turkey Reports
  • Money Watch
  • Health
Editors Picks

Trump Criticizes “TACO” Trade Question as Offensive Amidst Broader Trade Discussion

May 28, 2025

FBI Issues Warning to Tesla Owners Ahead of Global Protest Day

March 24, 2025

Trump Faces Lawsuit from Law Firms Affected by Executive Orders

March 30, 2025

U.S. Infrastructure Vulnerable to Increasing EMP and Cyber Threats

May 19, 2025

Lawyers helping migrant children facing deportation ordered by Trump administration to “stop all work”

February 19, 2025
Facebook X (Twitter) Instagram
Latest Headlines:
  • Study Reveals Nearly 1 in 3 U.S. Youth at Risk for Prediabetes Amid Data Concerns
  • FDA to Evaluate Drug Affordability in Streamlining Approval Process
  • Justin Bieber Drops Surprise Album “Swag” After Online Tease
  • Texas Revamps Anti-Abortion Program Amid Oversight Concerns After Millions Spent
  • Nationwide Recall of Peanut Butter Crackers Over Labeling Error
  • Goldman Sachs Launches Major AI Pilot for Autonomous Coding
  • Lorry Drivers Challenge Police Claim of Speeding Prior to Fatal Crash Involving Diogo Jota
  • Biden Cover-Up Investigation Advances as Former Aide Set to Testify Friday
  • German Woman Missing for 12 Days in Australian Outback Found Alive
  • Trump’s Brazil Tariff Faces Legal Challenge Over Authority
  • Potential Breakthrough in Search for Victims of Rogue Filipino Police Officers
  • Mahomes Discusses Throne Coffee Investment and NFL’s Extended 18-Game Season
  • Myanmar’s Military Ruler Thanks Trump for Letter on Tariff Concerns
  • Noninvasive Brain Technology Enables Thought-Controlled Robotics
  • PKK’s First Group Releases Weapons in Last-Minute Move
  • Trump’s 200% Pharma Tariffs Pose Risks of Rising Drug Prices and Reduced Margins
  • Former Justice Department Official Sounds Alarm Over Dire Legal Consequences
  • PKK to Conduct Historic Disarmament Ceremony
  • UK Economy Shrinks Again in May Amid Government Growth Efforts
  • Native Hawaiian Man Faces Increased Sentence for Hate Crime Against White Victim
Facebook X (Twitter) Instagram
News JournosNews Journos
Subscribe
Friday, July 11
  • World
  • U.S. News
  • Business
  • Politics
  • Europe News
  • Finance
  • Turkey Reports
  • Money Watch
  • Health
News JournosNews Journos
You are here: News Journos » Money Watch » Trump’s Tariffs Create Unprecedented Challenges for Bedding CEO
Trump's Tariffs Create Unprecedented Challenges for Bedding CEO

Trump’s Tariffs Create Unprecedented Challenges for Bedding CEO

News EditorBy News EditorJuly 10, 2025 Money Watch 5 Mins Read

In the current economic climate, the bedding industry is facing significant challenges as companies grapple with rising tariffs and supply chain disruptions. Chad Altbaier, CEO of Nevada-based Standard Fiber, which serves as a crucial link between Chinese manufacturers and American retailers, has described these times as the most difficult of his career. With tariffs on imports reaching substantial levels, retailers are modifying their orders, leading to uncertainty in supply and pricing in major stores such as Walmart and Target.

Article Subheadings
1) Overview of the Bedding Industry’s Crisis
2) Tariffs and Their Impact on Orders
3) Domestic Challenges in Textile Production
4) Strategic Moves to Mitigate Losses
5) Future Outlook for the Market

Overview of the Bedding Industry’s Crisis

Across America, bedding companies are struggling to adapt to the current market conditions influenced by international trade policies and a fluctuating economy. Chad Altbaier leads Standard Fiber, a company that has positioned itself between Chinese textile producers and well-known retail giants like Walmart and Target. The ongoing disruptions have not only affected supply chains but also resulted in fluctuating product demand and heightened prices, leading to widespread uncertainty in the industry.

Tariffs and Their Impact on Orders

U.S. tariffs imposed on Chinese imports have had a profound effect on the bedding market, causing retailers to reevaluate their purchasing strategies. Earlier this year, tariffs reached a staggering 100%, leading many retailers to cancel orders outright. As the tariffs have now stabilized at 30%, some retailers are rushing to place orders again, driven by the desire to restock essential goods. A deal reached in mid-May provides a temporary solution that will last until mid-August; however, the uncertainty regarding international relations remains a significant concern.

“You can’t walk into a Walmart or a Target or a Costco or a Home Goods and have nothing to sell,” Altbaier noted.

Domestic Challenges in Textile Production

Despite having manufacturing facilities situated in the U.S., Chad Altbaier has emphasized that the company cannot fully shift its production away from Asia due to various limitations. The United States lacks the necessary infrastructure, a skilled workforce, and access to raw materials that have traditionally come from Asian countries.

“We don’t have the infrastructure,” Altbaier stated. “We don’t have the workforce. We don’t have the experience. We don’t have the raw materials here.”

This leaves companies like Standard Fiber in a difficult position, balancing local production capabilities with reliance on overseas suppliers.

Strategic Moves to Mitigate Losses

In an attempt to cushion the financial impact of rising costs and reduced demand, Standard Fiber has undertaken strategic shifts in their production process. While some manufacturing has been relocated to other Asian countries, this has not come without its own challenges, as costs are expected to rise significantly. Chad Altbaier indicated that the company’s revenue loss due to tariffs has resulted in hard decisions, including workforce reductions. About 45 out of 250 employees have been laid off as the company attempts to navigate these financially taxing times.

“What keeps me up at night is the not knowing part,” Altbaier expressed.

Future Outlook for the Market

Looking ahead, the bedding industry may face a prolonged period of volatility. A report from the Institute for Supply Management indicated a continuing decline in customer orders, with overall import activity at its lowest in 16 years. Many are attributing this downturn to ongoing tariffs and a general sense of economic uncertainty. As companies adapt to these profound changes, the price of home textiles is poised to rise, further influencing consumer purchasing decisions. Significant concerns remain regarding the long-term sustainability of companies that depend heavily on overseas suppliers for essential materials and production.

“These unprecedented tariff situations are wreaking havoc on the world, not just the U.S.,” Altbaier remarked.

No. Key Points
1 Standard Fiber faces significant challenges due to rising tariffs and economic uncertainties.
2 Tariffs have compelled retailers to cancel and modify orders, adversely affecting supply chains.
3 The U.S. lacks the necessary infrastructure to fully transition textile production from Asia.
4 Some production has shifted to other Asian countries but at a cost, impacting prices further.
5 The future for the bedding market remains uncertain, with declining orders and rising costs anticipated.

Summary

The bedding industry, exemplified by the struggles of Standard Fiber, is navigating a landscape shaped by geopolitical tensions and economic concerns. As tariffs on imports continue to fluctuate, the ramifications on production and pricing are becoming increasingly evident. With domestic manufacturing unable to fully replace overseas production, the outlook remains fraught with uncertainty, underscoring the need for strategic adaptation in a competitive market.

Frequently Asked Questions

Question: What challenges is Standard Fiber currently facing?

Standard Fiber is grappling with significant challenges posed by rising tariffs on imports, leading to canceled orders from retailers and workforce reductions due to revenue losses.

Question: Why are tariffs affecting the bedding industry so severely?

Tariffs have increased the cost of imported goods, prompting retailers to adjust their orders and impact the supply chain, contributing to economic uncertainty within the industry.

Question: How is Standard Fiber adapting to production challenges?

The company has relocated some production to other Asian countries; however, this comes with increased costs, and they still face limitations in domestic production capabilities.

Banking Bedding Budgeting CEO Challenges Consumer Finance Create Credit Cards Debt Management Economic Indicators Economic Trends Entrepreneurship Financial Literacy Financial News Financial Planning Investing Market Analysis Money Tips Personal Finance Retirement Saving Side Hustles Stock Market tariffs Trumps unprecedented Wealth Management
Share. Facebook Twitter Pinterest LinkedIn Email Reddit WhatsApp Copy Link Bluesky
News Editor
  • Website

As the News Editor at News Journos, I am dedicated to curating and delivering the latest and most impactful stories across business, finance, politics, technology, and global affairs. With a commitment to journalistic integrity, we provide breaking news, in-depth analysis, and expert insights to keep our readers informed in an ever-changing world. News Journos is your go-to independent news source, ensuring fast, accurate, and reliable reporting on the topics that matter most.

Keep Reading

Money Watch

Nationwide Recall of Peanut Butter Crackers Over Labeling Error

5 Mins Read
Money Watch

Ferrero Acquires WK Kellogg for $3.1 Billion

5 Mins Read
Money Watch

Original Hermès Bag Owned by Jane Birkin Fetches Over $10 Million at Paris Auction

5 Mins Read
Money Watch

Southern Cities Set to Provide Top Rental Value for U.S. Renters in 2025

5 Mins Read
Money Watch

Musk Responds Forcefully to Analyst’s Tesla Recommendations

6 Mins Read
Money Watch

Trump Warns Brazil of 50% Tariff Amid Claims of Political Persecution Against Bolsonaro

7 Mins Read
Mr Serdar Avatar

Serdar Imren

News Director

Facebook Twitter Instagram
Journalism Under Siege
Editors Picks

Pakistan Urges U.S. Intervention Amid Nuclear Tensions

May 2, 2025

Trump Refrains from Labeling Canada “Liberal” and Calls Border an “Artificial Line”

March 22, 2025

Federal Judge Rules Musk and DOGE May Have Unconstitutionally Closed USAID

March 19, 2025

NYPD Detains Protesters Occupying Trump Tower Lobby Against ICE

June 9, 2025

Severe Arson Charges Filed Against Tesla Executive

March 21, 2025

Subscribe to News

Get the latest sports news from NewsSite about world, sports and politics.

Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

News

  • World
  • U.S. News
  • Business
  • Politics
  • Europe News
  • Finance
  • Money Watch

Journos

  • Top Stories
  • Turkey Reports
  • Health
  • Tech
  • Sports
  • Entertainment

COMPANY

  • About Us
  • Get In Touch
  • Our Authors
  • Privacy Policy
  • Terms and Conditions
  • Accessibility

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

© 2025 The News Journos. Designed by The News Journos.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.