Norbert Steuer, a logistics worker at Swiss precision machinery maker K.R. Pfiffner, has been at the firm for over three decades. Now he is one of 80 out of 105 staff due to be let go as it reels from U.S. tariffs and a struggling auto industry. The firm, which makes million-dollar machinery used by carmakers including Mercedes-Benz and suppliers such as Robert Bosch, is at the sharp end of a tough European car market that has been buffeted by U.S. President Donald Trump's trade tariffs and a slowdown in key export market China. The sector slump has hit carmakers and industrial firms hard in manufacturing strongholds like Germany, where many of Pfiffner's European customers are. Part of Taiwanese-owned FFG, Pfiffner was already suffering before Trump announced the tariffs in August, which dashed the firm's U.S. orders.