Trump administration scales back proposed tariffs on Italian pasta makers following review

The U.S. is backing off proposed tariffs that threatened to deal a major blow to Italy's pasta industry, reducing duties on several leading producers.Following an investigation into allegations that Italian pasta was being sold in the U.S. at unfairly low prices, officials found exporters had addressed many concerns, prompting a rollback of proposed tariffs on 13 companies, a U.S. Department of Commerce official told Reuters."[Our] post-preliminary analysis indicates that Italian pasta makers have addressed many of Commerce’s concerns raised in the preliminary determination," the official said...

2 months ago

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