U.S. Reduces Proposed Tariffs on Italian Pasta Imports
The U.S. Department of Commerce has significantly lowered proposed tariffs on Italian pasta imports following a reassessment, with final rates to be announced by March 12.
The U.S. Department of Commerce has announced a substantial reduction in the proposed tariffs on Italian pasta imports. Initially, in October, the department suggested imposing an additional 92% duty on 13 Italian pasta producers, which, combined with the existing 15% tariff on European Union imports, would have resulted in a total tariff of 107%.
Following a reassessment, the Commerce Department has revised these rates downward. The tariff for La Molisana has been reduced to 2.26%, while Garofalo's rate is now set at 13.98%. The remaining 11 producers, not individually examined, face a tariff of 9.09%.
A Commerce Department official stated that the decision to recommend lower rates resulted from an "evaluation of additional comments received following a preliminary determination."
The Italian Ministry of Foreign Affairs welcomed the recalibration, noting it as a sign of recognition by U.S. authorities of Italian companies' willingness to cooperate.
The final rates are scheduled to be announced by March 12, following the conclusion of the ongoing anti-dumping investigation.
Source
CNNFact-checking
Fact-check the facts of the article using external sources and databases.