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Investing.com -- Italian Prime Minister Giorgia Meloni expressed her view on Thursday regarding the recently announced trade tariffs by the United States, labeling them a mistake. However, she emphasized that their impact should not be exaggerated and the response to this situation needs to be thoughtfully deliberated.
Meloni expressed her thoughts during an interview on Italian state television station RAI. She urged against fostering alarmism, stating, "it’s not a catastrophe." The Prime Minister also questioned the effectiveness of retaliatory measures, stating, "I’m not convinced that the best way to respond to tariffs is with other tariffs."
The Italian leader’s comments come in the wake of the United States’ decision to impose new trade tariffs. Her stance suggests a cautious approach towards the situation, emphasizing the need for a measured response rather than escalating the issue with reciprocal tariffs.
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