DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!US Cuts Tariffs on Italian Pasta, Prices May Stabilize
US Cuts Tariffs on Italian Pasta, Prices May Stabilize

US Cuts Tariffs on Italian Pasta, Prices May Stabilize

Update: 2026-01-01
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U.S. to Cut Tariffs on Italian Pasta: A Result of Antidumping ProbeThe U.S. Commerce Department announces a reduction in tariffs on pasta from several Italian manufacturers, following an antidumping investigation. The new rates, ranging from 24% to 29%, replace the initial 92% tariff on top of existing 15% duties. This decision comes after two Midwest companies, Eighth Avenue Food and Winland Foods, accused Italian firms of underpricing their pasta. The probe initially targeted two major exporters, La Molisana and Pastificio Lucio Garofalo, for underpricing and lack of cooperation. However, after reevaluating, the department recommended lower rates due to the Italian companies efforts to address concerns. Italys Foreign Ministry welcomes the news, as pasta lovers may see more stable prices in stores. Checkout Solipillow.com

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US Cuts Tariffs on Italian Pasta, Prices May Stabilize

US Cuts Tariffs on Italian Pasta, Prices May Stabilize