Trump administration scales back proposed tariffs on Italian pasta makers following review

Core Viewpoint - The U.S. has decided to reduce proposed tariffs on Italian pasta producers after an investigation found that many concerns regarding unfair pricing had been addressed by exporters [1][2]. Group 1: Tariff Adjustments - Proposed tariffs on 13 Italian pasta companies have been rolled back, with specific reductions noted for La Molisana to 2.26% and Garofalo to 13.98% [4]. - The remaining 11 pasta makers, including Barilla and Rummo, will now face a tariff of 9.09% [4]. Group 2: Market Impact - Previously proposed duties could have reached up to 92%, in addition to a 15% tariff on most EU imports, which posed a significant threat to the U.S. market valued at nearly $800 million for Italian pasta exporters [7]. - Companies had warned that such high tariffs could effectively exclude them from the U.S. market [7]. Group 3: Future Developments - The final tariff rates are expected to be announced on March 12, with a possibility of extension by up to 60 days [10].