The United States has cut tariffs on Italian pasta products in a victory for Italy's trade diplomacy.
The Made in Italy system has scored a point in its favor: the United States has significantly revised downwards its proposed anti-dumping tariffs on Italian pasta, ahead of the final conclusions of the investigation, formally expected on March 11.
The Foreign Ministry's announcement comes at a time when Washington has also announced the postponement of new tariff increases on other manufacturing sectors, such as furniture.
The so-called post-preliminary analysis on Italian pasta significantly lowers the rates provisionally set on September 4th: from 91.74%, the duties are reduced to 2.26% for La Molisana, 13.98% for Garofalo, and 9.09% for the other eleven non-sampled producers, including Barilla.
The new rates were communicated before the formal closure of the investigation, scheduled for March 11th.
