The Trump administration may impose a 92% antidumping duty on Italian pasta, raising total duties to 107% for 13 major exporters like Barilla. This move could hike U.S. pasta prices or remove certain brands by January. Importers question the focus on pasta, a small but essential sector (1).
Italian pasta is big business in the U.S., valued at over $9 billion and growing. The potential tariffs could impact U.S. companies exporting $500 million worth of pasta annually. Italy’s pasta exports to the U.S. amount to about $684 million yearly, making the proposed duties significant for the economy and food prices (3).
The U.S. Department of Commerce is considering the tariff following complaints from domestic pasta makers about Italian producers selling below fair market value. This practice, known as “dumping,” involves selling goods below their normal value. The two largest Italian exporters, La Molisana and Garofalo, are facing the 92% duty estimate, along with 11 others (4).
Italian officials refute the claims, calling the 107% levy “unacceptable.” They argue there is no evidence of dumping pasta in the U.S. Several pasta makers note that Italian brands in American stores are already priced higher than domestic pasta, contradicting the allegations of being unfairly cheap (2).
If the tariff goes through, Italian brands in the U.S. could see retail prices spike by 50% to 100%. This could lead to shortages, pushing consumers towards domestic brands and raising prices overall. Restaurants relying on imported pasta may face menu price hikes, impacting both consumers and investors across the market (6).
Read more at Yahoo Finance: Trump’s plan to impose 107% tariffs spooks Italian pasta makers. Will staple brands soon disappear from US shelves?
