‘For agri-food exports alone, every 10% increase in additional duties is estimated to result in a loss of €500 million.’
Italian exports are currently facing two factors of significant instability: on the one hand, the application of new tariffs by the United States, the extent of which is still uncertain, and on the other, the devaluation of the dollar against the euro. The combination of these two factors is causing profound uncertainty, which is also having a negative impact on strategic planning and the ability of Italian companies to respond.
https://www.nomisma.it/press-area/nomisma-de-castro-export-italiano-dazi-trump-svalutazione-dollaro/
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