Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking and Finance Review - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Rome calls on US to reconsider extra tariff on pasta imports
    Headlines

    Rome calls on US to reconsider extra tariff on pasta imports

    Published by Global Banking and Finance Review

    Posted on October 5, 2025

    2 min read

    Last updated: January 21, 2026

    Rome calls on US to reconsider extra tariff on pasta imports - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:import and exportfinancial marketseconomic growthtrade securitiesforeign currency

    Quick Summary

    Italy urges the US to reconsider a 91.74% tariff on pasta imports, which could double prices and affect the Italian economy significantly.

    Table of Contents

    • Italy's Response to US Tariff on Pasta
    • Impact on Italian Economy
    • Export Statistics and Market Significance
    • Geopolitical and Trade Implications

    Rome calls on US to reconsider extra tariff on pasta imports

    Italy's Response to US Tariff on Pasta

    ROME (Reuters) -Rome is working closely with the European Commission to press the United States to reconsider an additional anti-dumping tariff on pasta imports which would effectively double their price, the Italian foreign ministry said.

    Impact on Italian Economy

    The decision to impose an extra duty of 91.74% is the result of proceedings by the U.S Department of Commerce which found that two major Italian producers were allegedly selling pasta at unfairly low prices - a practice known as dumping - between July 2023 and June 2024.

    Export Statistics and Market Significance

    These would be on top of the 15% U.S. tax on most imports from the 27-nation EU, and would be applied from January 2026.

    Geopolitical and Trade Implications

    The Italian foreign ministry said in a statement late on Saturday it contested the findings and the new tariffs, and was assisting companies in protecting their rights through the embassy in Washington.

    With almost $800 million in exports, the U.S. is one of Italy's top three export markets for pasta, a staple of the country's culinary heritage and a substantial export commodity.

    In 2024, Italy's total pasta exports were worth over 4 billion euros ($4.70 billion) with almost 2.5 million tons sold abroad, according to data by national statistics agency ISTAT.

    Italy's main business lobby Confindustria on Thursday cut its economic growth forecasts for this year and next, citing the impact of U.S. tariffs and geopolitical tensions on exports.

    ($1 = 0.8517 euros)

    (Reporting by Giulia SegretiEditing by Tomasz Janowski)

    Key Takeaways

    • •Italy is working with the EU to challenge US pasta tariffs.
    • •The US plans to impose a 91.74% anti-dumping tariff on Italian pasta.
    • •Italy's pasta exports to the US are valued at $800 million.
    • •The new tariffs could double the price of Italian pasta in the US.
    • •Confindustria cites US tariffs as a factor in reduced growth forecasts.

    Frequently Asked Questions about Rome calls on US to reconsider extra tariff on pasta imports

    1What is an anti-dumping tariff?

    An anti-dumping tariff is a trade duty imposed to protect domestic industries from foreign companies selling products at unfairly low prices, known as dumping.

    2What is dumping in international trade?

    Dumping occurs when a company exports a product at a price lower than the price it normally charges in its home market, often to gain market share.

    3What are export statistics?

    Export statistics are data that reflect the amount and value of goods and services sold by a country to foreign markets, providing insights into trade performance.

    4What is the role of the European Commission?

    The European Commission is the executive branch of the European Union responsible for proposing legislation, implementing decisions, and upholding EU treaties.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Soccer-FIFA boss Infantino supports lifting ban on Russia
    Soccer-FIFA boss Infantino supports lifting ban on Russia
    Image for Russia is ready for a new world with no nuclear limits, Ryabkov says
    Russia is ready for a new world with no nuclear limits, Ryabkov says
    Image for Iran president gives go-ahead for talks with US
    Iran president gives go-ahead for talks with US
    Image for Ukraine agrees to multi-tiered ceasefire enforcement plan with Europe and US, FT reports
    Ukraine agrees to multi-tiered ceasefire enforcement plan with Europe and US, FT reports
    Image for Top consulting firms test boundaries with China workarounds
    Top consulting firms test boundaries with China workarounds
    Image for Oil falls on possible US-Iran de-escalation, firm dollar
    Oil falls on possible US-Iran de-escalation, firm dollar
    Image for Son of Norway's crown princess stands trial for rape and domestic violence
    Son of Norway's crown princess stands trial for rape and domestic violence
    Image for Activist shareholder ACCR, pension funds urge BP to show shift to oil and gas will deliver value
    Activist shareholder ACCR, pension funds urge BP to show shift to oil and gas will deliver value
    Image for Google Cloud, Liberty Global strike five-year AI partnership
    Google Cloud, Liberty Global strike five-year AI partnership
    Image for Ukraine's capital of Kyiv, other cities under Russian attack, officials say
    Ukraine's capital of Kyiv, other cities under Russian attack, officials say
    Image for EU proposals set to limit EV sales from 2035, says campaign group
    EU proposals set to limit EV sales from 2035, says campaign group
    Image for Trading Day: Solid data over hard assets
    Trading Day: Solid data over hard assets
    View All Headlines Posts
    Previous Headlines PostRobbie Williams Istanbul concert cancelled over safety concerns, singer says
    Next Headlines PostEight arrested, 20 police hurt in clashes at Spanish Palestine march