Uncertain how much impact tariffs will have on Icelandic companies

Björn Steinar Jónsson, CEO of Saltverk, does not like the US president's announcement about tariffs, "I don't think any more than most other people who do international trade. After all, this may not be exactly the direction the world has been heading with international trade in recent decades." The United States is Saltverk's largest market, which exports salt produced using geothermal energy at Ísafjarðardjúp. However, he points out that Icela…

“An Icelander will never tell you directly what he thinks of you, but he will show you without saying a word that you are like air. It is difficult for a foreigner to cope here,” says Jarosław Czechowicz, who turned his Polish school into a job in an Icelandic shop.

Iceland and Norway are better off avoiding US tariffs than other Nordic countries, which incur a 20% tariff as they are in the European Union.