Italian Pasta Exports to US Face Price Hike

Italian pasta exports to the U.S. may face a substantial price increase due to a proposed 107% import tariff by the Commerce Department. This decision targets thirteen Italian producers, including Barilla and Rummo, and could potentially double the cost of imported pasta for American consumers. The Italian farm organization, Coldiretti, warns that these higher rates could eliminate pasta exports to the U.S., undoing years of investment and growth in the industry. The review began in August 2024, with two companies cited for failing to provide requested data. The Supreme Court is still deliberating on previous tariff policies, with a final government ruling expected next year. The Daily News Now! - Every city. Every story. AI Powered. Hosted on Acast. See acast.com/privacy for more information.