The Italian economy, with exports representing approximately 40% of GDP and a volume of over 650 billion euros in 2024, is facing unprecedented challengesØ´fter threatening to announce Trump’s tariff
With Donald Trump returning to power and the announcement of new duties on European products, the Made in Italy sector is on the front line to face the consequences of an evolving trade war.according Shipping Italy
Trump’s tariff
In short, the impact of Trump’s trade policies translates into a significant challenge for Made in Italy, calling into question not only the competitiveness of our exports, but also the stability of an economy that has found in international trade one of its main growth levers.
Trump’s trade policies
In this context of uncertainty, it is essential to adopt an informed and strategically oriented approach to safeguard the competitiveness of our companies and a sector that is vital for the economy.
In short, the impact of Trump’s trade policies translates into a significant challenge for Made in Italy, calling into question not only the competitiveness of our exports, but also the stability of an economy that has found in international trade one of its main growth levers.
On the other hand With the U.S. as the largest non-EU market for Italian exports, tariffs imposed by President Trump could significantly impact sectors like wine, spirits, and furniture. Federvini, representing wine and spirits exporters, warns that such tariffs could cost Italy up to half of its U.S. market share
Every year, we export around 70 billion euros worth of goods to the United States. That’s a lot of money and a wide range of products. Tariffs would reduce the ability of Italian companies to do business in the U.S. On the other hand, we would buy fewer American products if the EU imposed tariffs on them as wel
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