Italian pasta makers win reprieve from Trump tariffs

US cuts proposed levies to between 2% and 14% despite accusing Italian producers of selling at unfairly low prices

The US government has slashed proposed tariffs on Italian pasta that would have almost doubled the cost of many brands for shoppers.

Donald Trump had threatened to impose tariffs as high as 92% on Italian pasta companies, after accusing 13 producers including Barilla, La Molisana and Pastificio Lucio Garofalo of selling their products at unfairly low prices.

Continue reading… 

Read More from Business | The Guardian

Leave a Reply

Discover more from ZoomHoot - The Important Information You Need

Subscribe now to keep reading and get access to the full archive.

Continue reading