Italian pasta makers win reprieve from Trump tariffs

Italian pasta makers win reprieve from Trump tariffs

The Guardiannation

Key Points:

  • The US government has significantly reduced proposed tariffs on Italian pasta from as high as 92% to a range between 2% and 14%, following accusations of unfair pricing against 13 Italian producers.
  • These tariffs would be in addition to the existing 15% tariff on most EU goods imported into the US, but the Department of Commerce has yet to make a final decision, with results expected on 12 March.
  • The targeted Italian companies account for about 16% of pasta imports to the US, and Italy’s government views the tariff reduction as recognition of their cooperation, while Italy's agribusiness association warned that high tariffs would have been devastating.
  • The tariff adjustment follows broader US trade policy shifts, including a delay