Reported 3 days ago
A German nutcracker manufacturer, Steinbach Volkskunst, faces challenges due to President Trump's tariffs, which pose a potential threat to its primarily U.S.-based market. With over 95% of its products exported, including unique collectibles like a Trump-themed nutcracker, the company is assessing the impact of tariffs on future sales. Despite current orders being stable, the owner expresses concern about future demand and is contemplating establishing a logistics facility in the U.S. to mitigate tariff issues, while firmly maintaining its production roots in Germany.
Source: YAHOO