Money and business

In numbers .. How much will Trump fee for Italian agricultural foods cost?


The Italian agricultural sector revealed that the 30% fees announced on imports from , American consumers and the Italian agricultural food industry up to 2.3 billion euros." Trump announced on Saturday that it will impose 30% customs duties on Mexico and the European Union as of early August. "The impact of high prices on American consumers will inevitably have repercussions on Italian companies". "Low consumption will inevitably translate into a shortage of sales of Italian companies that will have to search for new markets". "The risk of counterfeit products, as the United States is the world’s largest producer for food that is wrongly claimed to be +made in Italy +"." Customs duties by 30% that would significantly affect the prices of some famous Italian products, such as cheese, manufactured tomatoes, stuffed pastries and jam. "Imposing 30% customs duties on European food products – and thus Italian – will be a severe blow to the real economy, for agricultural companies … but also for American consumers who will be deprived of original products or will be forced to pay a much higher prices"." United on behalf of his 27th members, Trump’s announcement is at the same time that he still wants to reach a trade agreement with Washington.

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