Trade
US to Cut Tariffs on Imported Pasta, Italy Foreign Ministry Says
The US decided to reduce controversial anti-dumping tariffs on some Italian pasta brands, Italy’s Foreign Ministry said.
The US Department of Commerce made the move before an anti-dumping investigation concludes in March, the ministry said in a statement. Rates that were provisionally set in September dropped to 2.3% for La Molisana pasta, about 14% for Garofalo and 9.1% for 11 other producers, from a previous retaliatory tariff of almost 92%.