31.2 C
Delhi
Thursday, April 3, 2025

Italian PM criticizes US decision to impose tariffs on EU

Date:

Share post:

Donate-GC-Razorpay

Rome: Italian Prime Minister Giorgia Meloni on Wednesday night criticized U.S. President Donald Trump’s decision to impose tariffs on the EU, calling it “a mistake that benefits no one.”

She said that Italy will work to reach an agreement with the United States to prevent a trade war that could weaken the West in favor of other global players.

“We will do everything we can to reach an agreement with the United States to avert a trade war, which would inevitably weaken the West and strengthen other global actors,” Meloni said.

“In any case, as always, we will act in the interests of Italy and its economy, while also coordinating with our European partners,” she added.

Amid widespread opposition, Trump on Wednesday signed an executive order on the so-called “reciprocal tariffs,” imposing a 10-percent “minimum baseline tariff” and higher rates on certain trading partners.

If the tariffs were imposed, the EU will face a 20-percent tariff, according to Trump’s executive order.

Related articles

President Trump announces 26 pc ‘discounted reciprocal tariff’ on India

Washington/New Delhi: US President Donald Trump announced a 26% "discounted reciprocal tariff" on Indian imports, while describing the...

US stocks rise on optimism ahead of Trump tariff rollout

New York: U.S. stocks ended higher on Wednesday, as investors were waiting for U.S. President Donald Trump's tariff...

WHO faces 2.5 bln USD funding gap as US announcing withdrawal

Geneva: The World Health Organization (WHO) is facing a budget gap of 1.9 billion U.S. dollars for 2026...

India’s Northeast emerging as connectivity hub for BIMSTEC: EAM at Bangkok ministerial meet

Bangkok/New Delhi: External Affairs Minister S Jaishankar said today that India’s North-Eastern region is emerging as a connectivity...