The US has lowered planned anti-dumping duties on Italian pasta exports, with new rates set between 2.3% and 14% for key brands.
ROME: The United States has granted significant tariff relief to several major Italian pasta brands.
Italy’s foreign ministry announced the decision on Thursday, stating the US Commerce Department had lowered its planned anti-dumping duties to levels “far below” the originally proposed 91%.
The new provisional duties will be 2.3% for the La Molisana brand and 14% for the Garofalo brand.
Eleven other pasta producers will face a tariff rate of 9.1%.
“The redefining of these tariff rates is a testament to the US authorities’ recognition of our companies’ effective will to cooperate,” the ministry said in a statement.
The US had announced plans in September to impose provisional duties of over 91% on pasta imports from January 1.
That decision was part of an investigation into alleged product “dumping”, or exporting below market value.
Italy had been working with the US and European Commission since October to find a solution.
The US market is crucial for Italian pasta producers, generating an estimated €671 million in 2024.
This figure represents around 17% of Italy’s total pasta exports, according to farm industry association Coldiretti.
The US decision was taken months before the official conclusion of its investigation on March 11.
