US tariffs could dampen Italian and EU economies, Italy minister says
ReutersMar 12, 2025 2:58 PM
ROME, March 12 (Reuters) - Trade tariffs announced the by U.S. administration could hurt both the Italian and the European Union economies, Italy's Economy Minister Giancarlo Giorgetti said on Wednesday.
U.S. President Donald Trump's increased tariffs on all steel and aluminum imports took effect on Wednesday, stepping up a campaign to reorder global trade in favor of the U.S. and drawing swift retaliation from Canada and Europe.
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