Some 11 billion euros worth of
Italian exports could be at risk under new tariffs imposed by US
President Donald Trump, artisans, self-employed professionals,
and small business group Confartigianato said Saturday.
"Italy would be among the countries most affected by the
application of US duties on European products" warned
Confartigianato which, with a report from its research office,
calculated that the drop in value of
Italian exports could exceed 11 billion, reaching up to -16.8%
compared to the 66.4 billion of the current
level of Italy's exports to the United States.
"The imposition of additional duties, in the hypotheses of 10%
or 20%, would cause our exports to the US to fall, respectively,
by 4.3% or even 16.8%", commented Confartigianato President
Marco Granelli.
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