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US to Lower Proposed Tariffs on Italian Pasta Ahead of March Announcement

KVIA••CNN Newsource
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The U.S. Department of Commerce is set to significantly reduce proposed tariffs on Italian pasta, which were initially suggested at 92%, potentially raising the total to 107%. Following a preliminary determination, the new rates will likely range from 24% to 29%. This decision, expected to be finalized on March 12, results from an investigation into alleged dumping practices by Italian manufacturers. The revision reflects a response to feedback from the Italian pasta industry, which has addressed concerns raised by the Department of Commerce. The tariffs affect 13 Italian pasta producers and stem from a complaint filed by two U.S. companies in July 2022.

Key Details: • Final tariff rates will be announced on March 12. • Proposed tariffs will be reduced from 107% to between 24% and 29%. • The investigation was prompted by a complaint from 8th Avenue Food & Provisions and Winland Foods.

tariffs pasta commerce italian-products dumping

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U.S. Department of Commerce8th Avenue Food & ProvisionsWinland Foods

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