So much unwanted and awaited letter from Trump has arrived and in the end they are due to the EU duties of 30%. Some sectors will be more affected than others, especially in Italy. In 2024 almost 48% of Italian exports headed towards the United States, which are our first outlet market outside the Union. Different sectors of Made in Italy depend on the US question.
The trade war thus affects almost 65 billion of goods exported to various sectors, not only food and fashion, but also industrial machinery, clothing and accessories. The most at risk, however, are the sectors of chemistry and pharmaceuticals. According to the first estimates, i cheap damage indirect, as cuts in jobs, will be very high.
The sectors most affected by duties
Italy markets with the United States for billions of euros. At the moment it is difficult to have clear estimates on the consequences for the Italian productive fabric, but it is clear that there will be. According to the CGIA, the duties at 30% will involve one reduction of exports equal to around 35 billion euros.
Among the most exposed sectors, the pharmaceutical one estimates consistent damage, with losses over 4 billion euros. Then there is the food sector: L
- The Italian Union Vini complains of an embargo on 80% of Italian wine;
- The Grana Padano consortium is hit by a double duty of 15% and 30%, which would make the cheese arrive to exceed 50 dollars per kilo.
THE more affected sectors They will therefore be:
- pharmaceutical;
- automotive;
- aeronautics;
- cosmetics;
- luxury;
- agri -food.
The damage to small and medium -sized enterprises
For now, pharmaceutical products are exempt from duties, but estimates on possible damage are already high. Other sectors are very exposed, above all because they are experiencing complex crisis periods of crisis: this is the case ofautomotive. Just think that in 2024 the European Union exported about 750,000 vehicles to the United States, for a value of 38.5 billion euros. Also in Italy the sector declares itself at risk for huge losses.
Many small and medium -sized enterprises of northern Italy instead produce components inserted in German or French cars. As he explains Dario Costantinipresident of the CNA, the export of small mediums and businesses in Piedmont is 14% strictly connected to the United States.
The agri -food sector: fears in the South
The agri -food sector has been among the most active in the duties on duties, because it is one of the most affected and also on average more exposed. After all, Italy is famous abroad for its food products. It is not just a matter of economic damage, but also of image If less and less Italian agri -food products arrive in the United States.
It is precisely for this reason that in the southern regions there are many fears about the new duties. The most affected producers could be:
The United States represent the main non-EU market for Italian PDO and PGI productions, absorbing about 25% of the total export of the certified sector. According to the Origin Italia Association, it is an absolute value of almost 3 billion euros out of a total of over 12 billion world exports in the sector in 2024.
