Feb 21 • 20:01 UTC 🇮🇹 Italy Il Giornale

Tariffs, Tajani mobilizes the Italy System task force

Following the Supreme Court's ruling that annulled tariffs imposed by Donald Trump, new taxes of 15% have been announced by the US president, prompting a reaction from Italian Foreign Minister Antonio Tajani who convened a task force to assist businesses.

The article discusses the recent developments surrounding tariffs imposed by the United States on imports following a Supreme Court ruling that annulled previous tariffs set by former President Donald Trump. In response to the newly announced 15% taxes on imports, Italian Foreign Minister Antonio Tajani has activated the Italy System task force, which consists of various government agencies and business representatives aimed at providing support and information to affected companies. This move highlights the Italian government's proactive approach to mitigate the impact of new tariffs on the country's economy.

Tajani emphasized in an exclusive interview that while the removal of tariffs is generally a favorable development, the potential changes may not significantly impact Italian exports. He indicated that the US administration anticipated this judicial decision and does not foresee substantial repercussions on the trade balance. The task force will convene to equip businesses with necessary information directly from the government to help them navigate these new challenges and prepare for the forthcoming taxes.

The piece also reflects broader concerns within the European Union regarding US tariff policies under the current administration. With the reactions already emerging from various European leaders, including the German Chancellor, the article underscores the collaborative efforts of EU member states to address and adapt to the shifting trade landscape instigated by US policies, ensuring that their economic interests are represented and protected on the global stage.

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