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.
Italy's Prime Minister Giorgia Meloni, Ludovic Marin/Pool via 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
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The United States and Britain will announce a deal to lower tariffs on some goods on Thursday, the first such agreement since U.S. President Donald Trump sparked a global trade war with universal levies.
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