May 10, 2025 - 11:41
Stacey Walthers Naffah, the CEO and president of the family-owned model train company Walthers Trains, recently shared insights on how proposed tariff policies are impacting small businesses. During a discussion with host Josh Lipton, Naffah highlighted the challenges that her company, along with others in the industry, faces due to rising costs associated with tariffs.
The potential for increased tariffs threatens to create a ripple effect, where small manufacturers may struggle to absorb these additional costs. This situation could force businesses to consider passing on price hikes to consumers, which could ultimately affect sales and customer loyalty. Naffah emphasized that such economic pressures are particularly challenging for family-run businesses that rely on maintaining competitive pricing while ensuring quality products.
As the market continues to evolve, the model train industry remains vigilant in monitoring the situation, hoping for a resolution that supports small businesses and keeps prices stable for customers.
