Mattarella against US tariffs: "Improvvida stagione"



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The President of the Republic Sergio Mattarella does not use too many word tricks to target the functions sought by Trump: "The sudden threat of the homework season has not excessive development and does not create difficulties ". The Head of State speaks at Luiss in Rome, during an intervention at the XI International Forum of Wine Culture, a day devoted to the valorisation of the Italian wine heritage. "In reality – he says – the wine sector shows how Italian producers need open markets because they have the courage to face the competition and the ability to Overcoming and winning in the competition "

" Every economy in every country – continues Mattarella – must always take advantage of open markets ". And he points out that "this is especially true for our country". For Italy, the wine sector is a "major source that recalls the best history of the country". For the President, open markets are also the tool that allows "through large-scale treaties to regulate in a transparent and secure way the relations and the criteria of competition and trade". It is a front for our country of great importance. "

EU countermeasures and US tariffs on cars

The US tariff approach creates a In the meantime, we learn that if the United States hits the cars of the Old Continent, the EU and other trading partners could impose countermeasures on "a very large volume of 19459003 exports, estimated at $ 294 billion. "This is the warning issued by the commission in a document sent Friday to the US administration to respond to the investigation opened by the department Trade on imports of automobiles from the EU.The ongoing investigation on national security, as in the case of tariffs of aluminum and steel , "lack of legitimacy, factual basis and violates the rules of international trade", says Commission

. , says the paper, "would hurt the current positive trend in the automotive and component sectors" with a negative impact on US GDP "up to $ 13-14 billion". The Commission recalls that European manufacturers "contribute significantly" to employment in the United States, with 120 000 direct jobs in production and 420 000 in concessions. But "the impact on the US economy will be significantly compounded by the likely countermeasures of US trading partners" that could reach US $ 294 billion in US exports, accounting for about 19% of total exports in 2017. [19659006] [ad_2]
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