Supply Chain Research

President Trump has held up the prospect of “looking very strongly” at reducing the tariff burden faced by Italy from recent aerospace-related retaliatory duties. The Italian government may be keen to secure anything that can boost exports from a lackluster 2.5% drop in 2Q and growth of just 1.9% in July. Total U.S. trade with Italy already reached $80.9 billion in the past 12 months, though the trade imbalance of $33.1 billion means the Italian government will need to increase imports as well as avoid tariffs to boost growth. Italian exports nonetheless face tariffs on $2.89 billion of ...