
Trump's Tariff War: China Urges Immediate Repeal of Tariffs Amid Countermeasures
Section: News
As the world waits for the details of Donald Trump's proposed tariffs to be revealed, the European Union is poised to react. Italy's Prime Minister Giorgia Meloni appears to have a strategy in place to navigate the potential fallout from these tariffs. Reports indicate that Meloni is looking to delay a direct response from the EU while seeking to maintain Italy's interests.
The timing of Trump's announcement is critical, as it coincides with an upcoming visit from U.S. Vice President JD Vance to Italy later this month. Meloni, who has established a personal rapport with Trump, aims to avoid escalating tensions between the U.S. and Europe. According to sources, she has been in communication with EU Commission President Ursula von der Leyen in the lead-up to Trump's announcement, advocating for a measured response rather than immediate retaliation.
The EU is scheduled to respond as early as April 3, potentially limiting Meloni's options. However, she is reportedly negotiating to push back the deadline for any retaliatory measures, originally set for April 15. This delay could provide Italy with a crucial window to reassess its position in light of the Vice President's upcoming talks.
Meloni's cautious approach stems from her apprehension about the repercussions of a trade war, which could adversely affect Italian exports, particularly in the agricultural sector. High-profile products such as Italian wine have already been a point of concern in discussions regarding potential tariffs. The Prime Minister has expressed the need for the EU to respond unitedly and decisively while also emphasizing the importance of dialogue and negotiation.
While Meloni's public stance advocates for a careful approach, there are indications that she is preparing a contingency plan. Should the EU choose to implement immediate retaliatory tariffs, Italy could initially support these measures but then seek to negotiate a more favorable arrangement for itself based on its strong bilateral ties with the U.S.
In summary, Italy's government is balancing its diplomatic relations with the U.S. against the potential economic impact of Trump's tariffs. As the situation develops, Meloni's efforts to delay a unified EU response could prove vital in mitigating the effects of the impending trade measures.
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