Tariffs would have considerable impact on Italy - Istat

(ANSA) - ROME, MAR 20 - Italy would be particularly vulnerable in a trade war between the United States and the European Union given its reliance on foreign exports and stagnating domestic market, Istat said on Thursday.
    Recent political and economic developments in relations between the EU and US "have considerable importance" for Italy "because, over the past 15 years, the growth of our production system has been mainly supported by external demand in the face of weak or stagnating domestic demand", said the national statistics bureau.
    "Over the past years, in particular, Italy has addressed its export flows towards non-EU markets, especially the United States", according to Istat's 2025 Report on the competitiveness of production sectors.
    A trade war "would catch the European Union in a more vulnerable position", it noted. (ANSA).