US to cut anti-dumping measures on Italian pasta

The US has set out plans to slash its proposed anti-dumping duty on more than a dozen Italian pasta exporters. The businesses have been facing a duty of almost 92% on shipments to the US – on top of the 15% tariff Washington has placed on most EU exports. The US Department of Commerce has issued a “preliminary determination” that includes the prospect of the duty being cut to as low as 2.26%. On New Year’s Eve (31 December), the US Department of Commerce outlined the "post-preliminary analysis" of a re ...