ROME: Italian Prime Minister Giorgia Meloni has raised concerns over the potential for a damaging trade conflict among Western nations following the latest tariff announcements by former US President Donald Trump.
In a statement released by her office, Meloni stressed that such divisions could weaken collective efforts to tackle global challenges.
“A trade war within the West would weaken us all in the face of the global challenges we are confronting together,“ Meloni said.
She expressed confidence in Europe’s economic strength to negotiate a balanced agreement, adding, “Italy will do its part. As always.”
Trump revealed plans to impose 30 percent tariffs on EU and Mexican imports starting August 1, a move that has drawn sharp criticism from Italian opposition parties.
Five Star Movement leader Giuseppe Conte accused Meloni of yielding to US pressure, while the European Commission has opted for restraint, hoping to avoid further escalation.
European Commission President Ursula von der Leyen stated Brussels would not immediately retaliate against US tariffs on steel and aluminium, aiming instead for a diplomatic resolution to prevent broader economic fallout. - AFP
Hence then, the article about italy pm meloni warns of risks from western trade war was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Italy PM Meloni warns of risks from Western trade war )
Also on site :
- UK ‘runs out’ of warships – leaving Germany to take over key Nato mission
- Kim Jong Un uses Iran war to justify North Korea’s decision to keep its nuclear weapons
- AI robots could cost $13,000 by 2035: Here’s what that means for CFOs