Italy is taking proactive steps to protect its businesses and exports in the event that the United States imposes tariffs on European goods, according to Euractiv.
On Monday, the Italian government sent a delegation to Washington to discuss the tariff situation, emphasising the need for dialogue and coordination with the European Commission, which holds exclusive authority over EU trade agreements.
Deputy Prime Minister and Foreign Minister Antonio Tajani outlined Italy’s strategy, which includes engaging in dialogue with the US and diversifying export markets. Tajani stressed that Italy’s goal is to ensure its exports continue to thrive, regardless of whether US tariffs are imposed.
Italy is one of the European Union’s largest exporters to the United States, with a significant trade surplus. In 2023, Italian exports to the US totaled €67.3 billion, whereas imports stood at €25.2 billion, resulting in a surplus of €42 billion. Key sectors exposed to the US market include beverages (39%), motor vehicles and transportation equipment (30.7% and 34%, respectively), and pharmaceuticals (30.7%).
Despite concerns about potential tariffs, some Italian officials remain optimistic about the country’s ability to navigate the situation. Deputy Prime Minister Matteo Salvini expressed confidence in Italy’s strong ties with the US.
I believe Italy is well-positioned to engage in dialogue with the United States. I think any dispute will involve the Germans, not us. We are not Trump’s target.
However, as an EU member state, Italy cannot negotiate trade deals independently. Tariff discussions are conducted at the EU level, and any tariffs imposed on the bloc would apply to all member states. A senior diplomat suggested that Italy could still benefit if tariffs target sectors to which it is less exposed, potentially minimising the impact compared to other EU countries.
