Italy's Meloni Welcomes Verified EU-US Trade Deal, Awaits Details

Italian Prime Minister Giorgia Meloni welcomed the recently reached trade agreement between the European Union and the United States, describing it as a positive development that avoids potentially devastating consequences. The framework deal imposes a 15% tariff on most EU goods exported to the U.S., which Meloni called sustainable, especially since it does not add to previously planned duties. She emphasized Italy's significant trade surplus with the U.S. and the importance of avoiding a transatlantic trade clash, highlighting the need for stability in trade relations. However, Meloni stressed the necessity of reviewing the full details of the deal, particularly clarifications on sensitive sectors like pharmaceuticals, automotive, agriculture, investments, and gas purchases. Italy is prepared to activate support measures at both national and European levels to assist industries affected by the new tariffs, with her coalition partners expressing a united stance. The deal is also expected to boost cooperation in energy and defense sectors, though member states remain cautiously optimistic pending further details.