The agreement on the duties alarm Italian exports: at the risk of car and wine market

John

By John

Well that it is put “to uncertainty”, but the agreement on the duties at 15% will have a “relevant” cost for businesses. The production world welcomes the understanding just reached by the EU and USA with concern. From the car to the agri -food, from machinery to wine, the alarm cry is accompanied by a first estimate of the possible damage.

Billions of euros of exports destined to go in smoke, which the categories do not intend to collect in silence: they serve “supports and compensations” for the affected companies, it is the appeal aimed at the government and the EU. While someone hopes that a breath of oxygen can also come from ECB rates. The agreement is complex and will be evaluated carefully, put their hands forward a little everyone. But it is already clear as of now that the impact will be heavy. And not only in terms of minor exports, but also of the competitiveness of companies and entire sectors.

Confcommercio estimates

To give an idea of the cost for Italy is Confcommercio: “The first estimates report for 2025 a direct impact of the duties at 15% to the detriment of our exports included in the order of 8/10 billion euros: impact to which the effects of the devaluation of the dollar must be added”. And precisely the weak dollar, in addition to making “the most competitive US goods”, “worsens the situation of the Italian tourist market”, notes Confesercenti, which estimates “a strong impact, with about 300 thousand arrivals in Italy less in Italy and a drop of 600 million in American tourist spending”. The US market is the second for our exports and “precisely in the United States, in the last 5 years, Italian entrepreneurs have scored the greater growth of exports: +57%, equal to an increase of 24.2 billion”, recalls Confartigianato, who says: the agreement “will not be painless”. A scenario in which it is also possible that someone may not do it. “The artisan companies cannot support direct duties and Concrete is that they meet a crisis like that which took place during the pandemic “, underlines CNA.

The agreement will have a “high impact” on our main exports and, consequently, on the production, adds Legacoop, which also urges the “rapid reactivation of the export table to make available the 25 billion insured by the government”. To tremble are many sectors. “The United States will maintain higher duties on cars and automotive components, and this will continue to have a negative impact not only for the EU industry, but also for the US one”, says the European car manufacturers association (Acea). The Automotive, with an export of 5.2 billion, highlights Fiom, is among the most exposed metalworking sectors in exports to the United States, “on which the duties will therefore weigh more. Coldiretti farmers breathe a sigh of relief compared to the initial hypothesis of 30% “which would have caused damage up to 2.3 billion euros for American consumers and for agri -food made in Italy”, but warn that the agreement will have “differentiated impacts” and must therefore be accompanied by European compensations for the penalized supply chains “. Effects on competitiveness ». According to the UIV analyzes, at the beginning of the year the Italian bottle that came out of the cellar for 5 euros was sold in a lane at 11.5 dollars; Now, between dice and devaluation of the green ticket, the price would be close to $ 15 (+186%). And the producers, from Franciacorta to Tuscan wines, from Chianti to Brunello, ask for the intervention of the institutions.