Italian steel exports to the United
States have significantly dropped since the first administration
of President Donald Trump in 2018 introduced 25% tariffs on
steel imports from European Union countries, down from 596,828
tons in 2018 to 194,364 tons in 2024, federation of steel
manufacturers Federacciai president Antonio Gozzi said Monday.
Gozzi noted that it was still unclear whether the recent
announcement that tariffs would be imposed signified "a renewal
of an already existing provision or the introduction of new
restrictive measures".
The Federacciai president also stressed that Italian companies
mainly export special high-value steels and that most of the
production for US clients is directly based in the United
States.
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