TRUMP'S MISUNDERSTANDING OF AIRBUS AND PUNISHES ITALY!! Will cost you money at grocery store!!! Il tasso di Trump colpisce gli americani!

LINK: https://www.italymagazine.com/news/these-are-italian-food-products-may-cost-you-more-if-you-live-us?

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“Italy really has nothing to do with the Airbus consortium, but when it comes to foreign trade and customs policies, the European Union doesn’t differentiate one country from the other,” explains Federico Rampini, a New York-based journalist writing for Italy’s daily La Repubblica. “The EU should put into place special aid to compensate those who will be affected by the reprisal, such as Parmigiano Reggiano producers.”

The U.S. is the most valuable market for Parmigiano Reggiano producers after France. If the tariffs kick in, American consumers will pay more than $45 a kilo for the prized cheese, as opposed to the current $40, with the likely effect to reduce sales of the product. The tariff on Parmigiano and Grana Padano will go from the current $2.15 a kilo to about $6 a kilo, reports Coldiretti.

In addition to Parmigiano, other products to be hit by U.S. tariffs include a number of prized agri-food exports that are a symbol of the Made in Italy brand for a value of about half a billion euros. Products include Grana Padano, Gorgonzola, Pecorino, Provolone and more dairy products, as well as salami, mortadella, shellfish, citrus, juices and liqueurs such as bitters (Campari, Averna) and limoncello.