{"id":37593,"date":"2025-07-11T00:59:06","date_gmt":"2025-07-11T00:59:06","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/trumps-tariffs-giving-ceo-of-bedding-company-sleepless-nights-probably-the-most-challenging-time-of-my-career\/"},"modified":"2025-07-11T00:59:06","modified_gmt":"2025-07-11T00:59:06","slug":"trumps-tariffs-giving-ceo-of-bedding-company-sleepless-nights-probably-the-most-challenging-time-of-my-career","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/trumps-tariffs-giving-ceo-of-bedding-company-sleepless-nights-probably-the-most-challenging-time-of-my-career\/","title":{"rendered":"Trump&#8217;s tariffs giving CEO of bedding company sleepless nights: &#8220;Probably the most challenging time of my career&#8221;"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"\">\n<p><em>Atlanta, Georgia<\/em> \u2014 Pillows filled and sealed for a good night&#8217;s sleep at the Atlanta warehouse of home bedding company Standard Fiber are one of many things giving its CEO, Chad Altbaier, nightmares.<\/p>\n<p>&#8220;Planning is practically impossible,&#8221; Altbaier told CBS News. &#8220;Probably the most challenging time of my career.&#8221;\u00a0<\/p>\n<p>Nevada-based Standard Fiber is the middleman between Chinese producers of sheets, towels and curtains \u2014 and American buyers such as Walmart and Target.<\/p>\n<p>&#8220;We&#8217;re already having customers that are reducing their order quantities because they&#8217;re concerned about the higher price points, and a consumer responding to that by buying less,&#8221; Altbaier said. <\/p>\n<p>When U.S. tariffs on China <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/trump-tariffs-punishing-china-chinese-exporter-says\/\" data-invalid-url-rewritten-http=\"\">reached triple digits<\/a><\/span> earlier this year, retailers canceled their orders. Now, <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/us-china-tariffs-deal-90-days-trump-admin-trade-talks-progress\/\" data-invalid-url-rewritten-http=\"\">with the tariffs at 30%<\/a><\/span>, some of those retailers want goods from China shipped immediately. That temporary 90-day deal, reached in mid-May, is set to run through mid-August. In June, both nations announced that they had reached a <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/us-china-trade-deal-framework-rare-earths\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">tentative agreement<\/a><\/span> on a more permanent trade deal, although it has not yet been finalized.\u00a0<\/p>\n<p>&#8220;You can&#8217;t walk into a Walmart or a Target or a Costco or a Home Goods and have nothing to sell,&#8221; Altbaier said. &#8220;The question really is how much product is going to be there and at what price point.&#8221;<\/p>\n<p>A <a href=\"https:\/\/www.ismworld.org\/supply-management-news-and-reports\/reports\/ism-report-on-business\/pmi\/may\/\" target=\"_blank\" rel=\"nofollow noopener\">recent report<\/a> from the Institute for Supply Management finds manufacturers are still seeing a decline in orders from customers. Overall import activity into the U.S. fell to 39.9% in May, a 16-year low, the report found. Many blame tariffs and economic uncertainty for the drop.\u00a0<\/p>\n<p>Even with two manufacturing sites in the U.S., Altbaier says it&#8217;s still not possible to move home textile production completely out of Asia.<\/p>\n<p>&#8220;We don&#8217;t have the infrastructure,&#8221; Altbaier said. &#8220;We don&#8217;t have the workforce. We don&#8217;t have the experience. We don&#8217;t have the raw materials here.&#8221;<\/p>\n<p>Standard Fiber has moved some production from China to other Asian countries, but Altbaier says that will still cause a large price increase. Being the middleman isn&#8217;t easy.\u00a0 <\/p>\n<p>Revenue losses from tariffs forced Standard Fiber to cut about 45 of its 250 workers, Altbaier said.<\/p>\n<p>&#8220;What keeps me up at night is the not knowing part,&#8221; Altbaier said. &#8220;And then not being able to control these unprecedented, you know, tariff situations that are, frankly, wreaking havoc on the world, not just the U.S., and not just our industry.&#8221;<\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n        <\/aside>\n<p>    <!-- tags --><\/p>\n<div class=\"content-author\">\n      <a href=\"https:\/\/www.cbsnews.com\/team\/skyler-henry\/\" class=\"content-author__name\" data-invalid-url-rewritten-http=\"\">Skyler  Henry<\/a><\/p>\n<div class=\"content-author__bio\">\n<div class=\"content-author__full-information\">\n<p class=\"content-author__text\">Skyler Henry is a CBS News correspondent based in Atlanta. Henry was most recently a correspondent for CBS Newspath in Washington.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/trump-tariffs-ceo-bedding-company-standard-fiber\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Atlanta, Georgia \u2014 Pillows filled and sealed for a good night&#8217;s sleep at the Atlanta warehouse of home bedding company<\/p>\n","protected":false},"author":1,"featured_media":37594,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[799,386],"class_list":["post-37593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-tariffs","tag-trump-administration"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump&#039;s tariffs giving CEO of bedding company sleepless nights: &quot;Probably the most challenging time of my career&quot; - World News<\/title>\n<meta name=\"description\" content=\"Revenue losses from tariffs forced Standard Fiber to cut about 45 of its 250 workers, its CEO said.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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