Italian PM criticizes US decision to impose tariffs on EU

Date:

Italian Prime Minister Giorgia Meloni on Wednesday night criticized U.S. President Donald Trump’s decision to impose tariffs on the EU, calling it “a mistake that benefits no one.”

She said that Italy will work to reach an agreement with the United States to prevent a trade war that could weaken the West in favor of other global players.

“We will do everything we can to reach an agreement with the United States to avert a trade war, which would inevitably weaken the West and strengthen other global actors,” Meloni said.

“In any case, as always, we will act in the interests of Italy and its economy, while also coordinating with our European partners,” she added.

Amid widespread opposition, Trump on Wednesday signed an executive order on the so-called “reciprocal tariffs,” imposing a 10-percent “minimum baseline tariff” and higher rates on certain trading partners.

If the tariffs were imposed, the EU will face a 20-percent tariff, according to Trump’s executive order.

Share post:

Subscribe

Adspot_imgspot_img

Popular

More like this
Related

HM Amit Shah launches ‘Bharat Taxi’ in Gujarat, expanding cooperative ride-hailing initiative

Gandhinagar, June 27 (IANS) Union Home and Cooperation Minister...

Muharram-related incidents in Bihar: 3 get electric shock; youth stabbed to death

Patna, June 27 (IANS) Several incidents, including electrocution, a...

Sonia Gandhi questions Centre’s stance on Gaza, says it harms India’s moral standing

New Delhi, June 27 (IANS) Congress Parliamentary Party (CPP)...

US States emerge as new battleground in competition with China

Washington, June 27 (IANS) State governments across the United...