Trump’s tariffs: How severely do they impact the European cable car industry?

A possible increase in US tariffs to as much as 20 percent is causing concern in Europe. The American market is also important for the cable car industry. How severely are suppliers in the Alpine region affected – and what can they do about it? An assessment from those affected and industry experts.

When U.S. President Donald Trump announced new additional tariffs on imports in early April, the reaction from many economies was no surprise: concern and unease. For many countries, the new surcharge is set at 10 percent, for Switzerland at 31 percent, and for the EU at 20

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