Fri, 02 Jan 2026

Fri, 02 Jan 2026 US slashes proposed tariffs on Italian pasta imports

The plan to impose steep tariffs on 13 producers could have seen major price rises for US consumers.

* The US has dropped its plan to impose high tariffs on Italian pasta imports from 13 producers.
* The tariff rate had been as high as 91.74%, which would have resulted in prices exceeding 100% of the product's value.
* Under an underlying 15% EU tariff, this would have meant a total tax rate of over 106%.
* However, following Italian cooperation, the US has reduced tariffs to between 2.26% and 13.98% for some brands.
* The move is seen as a softening of Trump's trade policies, which have been criticized by economists for driving up costs for consumers.
* Other recent tariff reductions include furniture imports and certain food products such as coffee and bananas.
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