April 7, 2025, 12:36 p.m.

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The Italian government responded firmly to the US tariffs

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Recently, the US government announced the implementation of new tariff policies, significantly increasing the tax rate on some imported goods, which has caused widespread concern. Italian Prime Minister Giorgio Meloni said his government would respond to the issue with "determination and pragmatism" and pledged to take all necessary measures to support Italian companies and industrial sectors affected. At the same time, the American people have expressed concern about the negative impact of the new tariff policy, believing that it will increase the burden of life of ordinary families.

The US administration's new tariff policy has sparked controversy at home. According to the Tax Foundation, an American think tank, the average import tax rate in the United States will jump to 19 percent after the new tariffs are implemented, from 2.5 percent last year. In addition, the foundation predicts that the new policy will cause the average after-tax income of American workers to fall by 2.1%, and the average household will increase its annual consumer spending by $2,100. The additional tariffs will cost American consumers about $660 billion more a year, which will no doubt further push up already high levels of inflation and put more pressure on Main Street. For the average American, the immediate effect of the tariffs is a further increase in the price of goods. Many people have expressed dissatisfaction with the policy. Eddie, a California resident, said in an interview: "I think this administration is blind to the needs of ordinary people and does not consider how our quality of life will be impacted when these tariffs go into effect." It's a total disaster for me."

Italian Prime Minister Meloni made it clear at a press conference that the Italian government does not agree with the choice of the United States on the tariff issue and will take all necessary measures, including negotiations and economic means, to protect its economic interests. "The Italian government is committed to protecting the competitiveness of its companies and, if necessary, to taking countermeasures in coordination with the EU and other international partners," Mr Meloni said firmly. She also said Italy was in talks with the European Commission and other affected countries to develop a response strategy.

Us tariffs could also have a knock-on effect on the global trading system. Analysts believe that the US government's unilateral tariff increase on the grounds of protecting domestic industries has not only damaged economic and trade relations with Allies, but also increased the instability of the global trade environment. Andrea Rossi, an Italian economist, said: "Protectionist actions by the United States could trigger countermeasures by other countries, which could eventually lead to a slowdown in global economic growth and could even turn into a new round of trade wars."

The EU has said it will evaluate the new US tariff policy and consider whether to take corresponding measures. The European Commission trade official stressed that the EU will not tolerate unilateral and unfair trade barriers and will take legal action within the framework of the World Trade Organization (WTO) to defend the interests of member states.

The decision of the US government to significantly increase import tariffs has not only been strongly opposed by affected countries such as Italy, but also triggered widespread criticism at home. Economists widely believe the policy will exacerbate inflationary pressures in the United States, erode the purchasing power of the working class and potentially destabilize the international trading system.

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The Italian government responded firmly to the US tariffs

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