Italy asks the European Union (EU) to prepare compensatory measures for sectors that will hit the United States duties. Rome is afraid of the commercial war, and therefore called on Brussels to respond appropriately to the duties and prevent escalation. TASR informs this based on the APA report.
“We will ask the EU to take compensatory measures for the sectors concerned,” said the Minister of Industry Adolfo Urso in the Chamber of Deputies on Wednesday. According to Ursa It is necessary to prevent the trade war, which would have global consequences. He stressed that The US is the most important business partner of Italy outside the EU. Therefore, he called on Brussels to respond appropriately to the duties and prevent escalation.
Washington introduced steel and aluminum duties last week, and the EU presented plans for retaliation. US President Donald Trump subsequently threatened the introduction of 200 % duties to import wine and alcohol from the EU.
“We must be careful and responsible before we respond, we need to use our great relationships with the US government to avoid escalating threats and subsequent retaliatory measures,“Urso said.
Italian Prime Minister Giorgia Meloni on Tuesday (18. 3.) She warned her European partners against retaliatory duties that will lead to the escalation of the US trade dispute.