Risk of new US duties between 4 and 7 bn on Italy goods

(ANSA) - ROME, NOV 7 - The tightening of duties announced by the new US president Donald Trump during his election campaign risks costing Italy over 4 billion euros, according to a simulation carried out by economic thinktank Prometeia that imagines two scenarios of possible tariff increases.
    The first scenario hypothesizes an increase of 10 points only on products that are already subject to duties and estimates an additional cost of over 4 billion.
    The second scenario instead simulates a generalized tariff increase of 10 points: the additional cost would exceed 7 billion.
    In the first hypothesis, the fashion system would pay the highest cost, in the second it would be the engineering sector.
    (ANSA).