Trump Retreats on Pasta Tariffs

“The U.S. government has softened its stance on proposed tariffs that would have roughly doubled the cost of Italian pasta brands, as Donald Trump’s administration faces political pressure over the high cost of living,” the Financial Times reports.

“The U.S. had accused 13 Italian pasta companies, including Barilla and premium brands such as La Molisana and Pastificio Lucio Garofalo, of unfairly dumping their products in America and in October threatened retaliatory duties of as much as 92 percent.”