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US to cut anti-dumping measures on Italian pasta
Yahoo Finance· 2026-01-05 11:03
Core Viewpoint - The US plans to significantly reduce the anti-dumping duty on Italian pasta exporters, potentially lowering it from nearly 92% to as low as 2.26% for some companies, which could alleviate the financial burden on the Italian pasta industry [1][2][3]. Group 1: Duty Reduction Details - The US Department of Commerce has proposed a reduction in the anti-dumping duty from approximately 91.74% to 2.26% for La Molisana, while Pastificio Lucio Garofalo faces a duty of 13.89%, and a group of unnamed businesses is set for 9.09% [2][3]. - The current duty of nearly 92% is in addition to a 15% tariff imposed on most EU exports to the US [1]. Group 2: Industry Impact - Italian farming officials have expressed that the high anti-dumping duty would be a "mortal blow" to the pasta industry, indicating significant concern over the potential economic impact [2]. - The final results of the review regarding the anti-dumping duties are expected to be announced in March, with the duties currently on hold until that time [5]. Group 3: Government Engagement - The US Department of Commerce has indicated that Italian pasta makers have addressed many concerns raised in the preliminary determination, reflecting a commitment to a fair and transparent process [4]. - The Department will continue to engage with interested parties to consider all relevant information before issuing the final determination [4].