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Tariffs economic weapons to influence alliances - Giorgetti

A period of aggressive trade and financial wars

Tariffs economic weapons to influence alliances - Giorgetti

Redazione Ansa

(ANSA) - ROME, MAR 22 - Tariffs are economic weapons to influence alliances, Economy Minister Giancarlo Giorgetti said Saturday.
    "This is also a period of decidedly aggressive trade and financial wars through the use of tariffs and cryptocurrencies," the rightwing League party heavyweight said at the swearing-in of the Guardia di Finanza Tax Police Officer Cadets in Bergamo.
    "Tools used as real 'economic weapons' capable of redefining global financial and trade balances and dynamics, but which are also profoundly influencing world politics.
    "Imposing duties on certain goods is no longer just a measure to defend the national economy and regulate trade relations between countries, but a real lever that conditions international policies.
    "If applied strategically, they can alter global trade, influence political alliances and redraw geopolitical structures" (ANSA).
   

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