Trump slashes tariffs on Italian pasta
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Italian brands that remain in the U.S. could see retail prices jump anywhere from 50% to 100%, depending on how much of the 107% duty they choose to absorb. If producers pull out entirely, shortages could push demand toward domestic brands, driving up prices across the board.
The Trump administration is said to be backing down from punishing duties of more than 90% after a government review spared major Italian exporters.
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