Published by Global Banking & Finance Review®
Posted on April 3, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleItalian PM Giorgia Meloni calls US tariffs a mistake but not catastrophic, urging against alarmism and retaliatory measures.
ROME (Reuters) - Italian Prime Minister Giorgia Meloni said on Thursday that trade tariffs announced by the United States were a mistake but their impact should not be overestimated and the reaction needed to be carefully considered.
"We must not fuel alarmism, it's not a catastrophe," Meloni said in an interview on Italian state television station RAI.
"I'm not convinced that the best way to respond to tariffs is with other tariffs," she added.
(Reporting by Giuseppe Fonte, writing by Gavin Jones)
The main topic is the Italian Prime Minister's response to US trade tariffs, which she considers a mistake but not catastrophic.
Meloni suggests avoiding retaliatory tariffs and urges a careful, measured response.
Meloni believes the impact should not be overestimated and advises against alarmism.
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