Trump’s duties: wine, cheeses and fashion, Made in Italy’s risk chains

John

By John

Quality agro -food productionsfrom the wine to the cheeses passing through theoil and the pasta. The cars he is commercial vehicles. The fashion market. There Metal processing supply chain. Are the sectors of the Made in Italy who risk being more affected by Dice at 20% imposed by the United States on the goods exported by Europe.

Italian regions most affected by US duties

The most affected regionsaccording to some studies, could be: Sardinia, Molise And Sicily because of the Energy processing chain. Sardinia And Tuscany the most interested territories, according to an analysis of the Italian Italian agricultorsdue tohigh dependence of agri -food exports In the US market.

Effects of duties on the Italian economy

Waiting to understand what the countermeasures assumed by EUor if the Italian government will try the road to Single negotiation with the USAthe estimates of the possible impact on the Italian economy speak of a duties effect which could in fact almost reset the estimated growth for 2025.

The Confindustria Study Center estimates that the Italian GDP In 2025 it was expected to grow almost in line with what is observed in 2024 of +0.6% with a hypothesis of recovery a +1% in 2026. But also that a possible negative cumulative impact on Italian GDP, of -0.4% in 2025 and of the -0.6% in 2026.

According to the Ey projections instead the Italian GDP could grow of 0.4% in 2025 and of the 0.7% in 2026 while theoverall impact of protectionist policies it could be between -0.5% And -1.0% At 2027. In short, thenegative effect of duties could eat a large part of the expected growth.

Impact on Italian food products

Food products they suffer from thehigh dependence on exports in USA. The cost for individuals chain It would be almost 500 million euros only for the wineabout 240 million forolive oil, 170 million for the pasta, 120 million for i cheeses.

The most ‘at risk’ products. The Roman pecorino (90% product in Sardinia) Register a Export in the USA al 57% (Almost 151 million euros) and which is mainly used to flavor the chips in envelope. With any Dice at 25%florid American sector of chips and snacks (2.5 billion) would be forced to contact others dairy productsmaybe less good but from cheaper price. But not only for tastes, there would also be a repercussion for the pockets. There Coldiretti estimates that with the Made in Italy food rates the American consumers they will have to spend up to Two billion euros more.

Agri -food exports and Italian regions

In Tuscany The 28% of agri -food exports ends up in USA. The oil supply chain and of the wine are among the most exposed: the 42% of the oil and the 33% of Tuscan wines sold abroad reach the American market. Also Lazio, Abruzzo And Campania they could suffer repercussions given the large quantities of pasta, Oven products And wines purchased by USA. (Agi)

Italian exports: wines, fashion and exchanges with the USA

(Ag) – Rome, April 3rd – the only Sweet of Italian wines, spirits and acetesremember Federviniis worth further 2 billion euros Of Exports to the United States and involves 40 thousand companies and more than 450 thousand workers.

As for the fashion In 2024, theExport to the United States of the sectors shoe, leather goods, tannery And furalbeit slightly decreased compared to the previous year, has reached a value of almost 3 billion euros.

Italy-US exchanges and addiction to exports

So far the Italy-US exchanges they were florids. In 2024 the Sales of Italian goods in the USA they were equal to about 65 billion eurosnotes the Confindustria Study Centergenerating a surplus near 39 billion. Despite a drop in the last year, the US market offered the higher contribution Absolutely to growth of Italian exports from the pre-covid period.

THE’Italian export is more exposed than the European average to US marketbeing the 22.2% of Italian non-EU salescompared to 19.7% of those EU. Among the sectors more exposed stand out: drinks (39%), motor vehicles they Other means of transport (respectively 30.7% And 34.0%) and the Pharmaceutical (30.7%).