US sharply reduces tariffs on Italian pasta after review

Italy’s foreign ministry said the United States had significantly reduced proposed tariffs on a number of Italian pasta producers after reassessing their US operations, Reuters reported. In October, the US said 13 Italian companies would face an additional 92% tariff from January 2026, on top of the standard 15% on most EU imports, accusing La Molisana and Garofalo in particular of selling their products at excessively low prices. However, after a review, the US Commerce Department reduced the tariff for La Molisana to 2.26% and set a rate for Garofalo at 13.98%, the Italian foreign ministry said. The other 11 producers, which were not individually assessed, received a tariff of 9.09%. “The recalculation of tariffs is evidence that the US authorities recognize the constructive willingness of our companies to cooperate,” the ministry said. It also added that the final results of the US review would be released on March 11, and that the agency would continue to support companies ...