Duties, FdI: "An agreement with the least impact possible will be reached. It's too early to estimate the damage."


Marco Osnato
"Reaching zero tariffs seems quite difficult to me, but I believe that an agreement, with the least impact possible, will be reached ." With these words, Marco Osnato, economics director for the Brothers of Italy party and chairman of the Finance Committee of the Chamber of Deputies , responded to Affaritaliani.it 's question on whether he is confident that an agreement between the European Union and the United States can be found on the sensitive issue of tariffs, thus avoiding a trade war between the two sides of the Atlantic.
Commenting on the CGIA's estimate of damages resulting from US tariffs, up to €12 billion, Osnato explains: " I think it's a bit premature to already calculate the damages because I've seen Confindustria talk about €20 billion, CGIA talks about €12 billion, and other research centers talk about three or four. In short, I think we need to wait and see what the context is, see what impact it has, and then we'll probably be able to calculate the cost of the tariffs more precisely. Furthermore," concludes FdI's economic director, " the government has already communicated that if there are particular difficulties for certain supply chains, it will intervene ."
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