Bank of Italy: "The US is paying the highest price"
The governor of the Bank of Italy, Fabio Panetta, highlighted that despite the US imposing tariffs, international trade has continued to grow, contradicting the expected slowdown from protectionist policies.
Panetta: "Trade has reorganized with tariffs. Burden primarily borne by the US economy"
The Governor of Bankitalia, Panetta, discusses the impact of tariffs on trade and the role of banks in supporting the economy.