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Home > Headlines > Italy PM says US tariffs a mistake, but no catastrophe

Headlines

Italy PM says US tariffs a mistake, but no catastrophe

Published by Global Banking and Finance Review

Posted on April 3, 2025

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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)

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