Member-only story
US Tariffs: A Real or False Problem? Strategies for Italy and Europe
In recent years, the protectionist policies of the United States have generated heated debates among economists, politicians, and corporations. The customs duties imposed on European products, including Italian ones, have raised concerns about the future of exports and the competitiveness of European companies. But do these tariffs represent a real problem, or are they an issue overused by the media and markets? And above all, how should Europe and Italy react to mitigate the risks and perhaps even take advantage of this volatility to their advantage?
The Importance of the US Market for Italy
The trade relationship between Italy and the United States is consolidated and continuously expanding. In 2024, the United States was the third-largest export market for Italy, with a value of approximately 72 billion dollars, representing 10% of total Italian exports. Since 2013, Italian exports to the USA have almost doubled, marking an increase of 66.6% in ten years.
In addition to traditional sectors such as food & beverage and fashion, Italian exports to the USA also include advanced machinery, vehicles, mineral fuels, and pharmaceutical products. It is no coincidence that, for example, the helicopters used by US presidents are manufactured by Augusta, controlled by Leonardo. This…
