Trump TACO now with pasta - backtracks on Italian pasta tariffs after industry pushback

The U.S. Commerce Department significantly reduced proposed antidumping duties on Italian pasta imports, revising them from an alarming 92% to 2.3% for La Molisana and 13.9% for Garofalo, while most other producers face a 9.1% tariff. This move aims to prevent major brands from exiting the U.S. market, thereby preserving around $770 million in annual exports from Italy. The decision followed extensive lobbying by the Italian government and industry groups. However, a final determination in the ongoing antidumping review is expected by March 11, leaving some uncertainty, particularly as Italian exporters still face a separate 15% tariff on EU imports, indicating that overall trade conditions remain restrictive despite some relief.