SERVICES

“Made in Italy loses 20% in US market as result of tariffs”

Coldiretti reports. The benefit from the situation is for the lobby linked to the US dairy industry (CCFN) which has explicitly asked with a letter to impose taxes on imports of European cheeses to favor the fake Made in Italy industry and force the Union European to open the borders to the fake Italian food made in US

Rome - A 20% drop in sales of Made in Italy food products hit by US President Donald Trump’s super-tariffs: this is the estimated effect by Coldiretti of the entry into force of the new tariffs on European products up to 7, 5 billion starting today, in the dispute in the aviation sector involving the two manufacturers Boeing (USA) and Airbus (EU), after the go-ahead of the World Trade Organization (WTO). From Parmigiano Reggiano to Grana Padano cheese to Gorgonzola but also cold cuts, citrus fruits, juices and liqueurs, in the black list decided by US trade representation (USTR) there are food goods for an export value of about half a billion euros hit by duties add-ons that cause higher consumer prices and a worrying reduction in purchases by US citizens and restaurateurs. The duty for Parmigiano Reggiano and Grana Padano cheese, for example, goes from the current 2.15 dollars a kilo to about six dollars a kilo.

The result is that the American consumer will have to buy it on the shelf at a price that rises from the current around 40 dollars a kilo to over 45 dollars, with a consequent slowdown in consumption. The benefit from the situation is for the lobby linked to the US dairy industry (CCFN) which has explicitly asked with a letter to impose taxes on imports of European cheeses to favor the fake Made in Italy industry and force the Union European to open the borders to the fake Italian food made in US.

The bad copies of domestic dairy products have grown exponentially over the past 30 years, reaching a total of 2.5 billion kilos and almost two-thirds of them are produced in Wisconsin and California, while New York State ranks third In quantitative terms, at the top of the list is mozzarella with 1.97 billion kilos per year, followed by parmesan with 192 million kilos, provolone with 181 million kilos, fake-ricotta with 113 million kilos and fake-pecorino r with 25 million kilos made without sheep’s milk, according to Coldiretti’s analysis based on data from the US Department of Agriculture (USDA).

If Italy pays a substantial bill for cheeses, meats and liqueurs, France estimates the total economic damage caused by US duties in the food sector that involve wines other than champagne and cheeses except Roquefort in about a billion. Spain is hit on olive oil, wine and cheese while Great Britain is penalized above all in terms of spirits, starting from Scotch whiskey, but in the viewfinder there is also Germany, which will be taxed around one fifth of its exports in the States: “Now the negotiation is pending awaiting the WTO’s ruling on US subsidies to Boeing with Trump’s commitment to assess Italy’s grievances in meeting with the president of the Republic, Sergio Mattarella. While it is important to keep the channel of negotiations open, it is necessary to activate as soon as possible compensatory aid by strengthening the programs for the promotion of agricultural products in third countries and by granting aid to farmers who risk suffering the effects of a perfect storm between US duties and exit of the Great Britain from the European Union, after having suffered a loss of a billion euros in the last five years due to the total embargo of Russia,” declares the president of Coldiretti, Ettore Prandini.

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