
With U.S. President Donald Trump suggesting that he will set a tariff of “anywhere between 15% and 50%” on countries ahead of the looming August 1 deadline, musical instrument firms continue to grapple with how the tariff fluctuations and changes over the past couple of months have impacted – and will continue to impact – their business and longevity.
In an interview with Reuters, D’Addario CEO John D’Addario III revealed that the widely established, family-owned accessories company has a specific task force set up to strategize how they should respond to the current trade war.