US slashes proposed tariffs on Italian pasta imports
The plan to impose steep tariffs on 13 producers could have seen major price rises for US consumers.
Last updated: 2026-01-02 16:13:29 ET
The plan to impose steep tariffs on 13 producers could have seen major price rises for US consumers.
US cuts proposed levies to between 2% and 14% despite accusing Italian producers of selling at unfairly low pricesThe US government has slashed propos...
President Trump's on-again, off-again tariffs on Chinese imports affected many U.S. businesses last year. We check in with one small business owner to ask what the year and holiday season were like.
The Trump administration is said to be backing down from punishing duties of more than 90% after a government review spared major Italian exporters.
Federal Reserve turmoil, trade shocks and a slowing economy hammered the greenback in 2025.
A troubled U.S. housing market, coupled with fear of tariff costs passed on to inflation-weary consumers, weighed on home-furnishing stocks in 2025.
Steep U.S. import duties targeting 13 Italian pasta makers will be sharply reduced, Italy's foreign ministry said on Jan. 1.
China ended the year of President Trump's aggressive tariffs policy with a trillion-dollar trade surplus. That's an economic and political win for now.