Since 2018, when the Trump administration implemented 25% tariffs on steel imports from European Union countries, Italian steel exports to the United States have experienced a significant decline, dropping from approximately 600,000 tons in 2018 to less than 200,000 tons in 2024. The data were released by Antonio Gozzi, President of the Steel Industries, in response to US President Donald Trump's declaration of increased tariffs on steel exports from EU countries. "We would like to underline - he said - that Italian companies primarily export high-value specialty steels to the U.S., whose price still allows them to exceed the tariff threshold". Furthermore, Gozzi explains, “a large part of the production intended for U.S. customers takes place directly within the United States, thanks to investments and the manufacturing presence of our companies in the United States". Federacciai will continue to closely monitor the situation, hoping for a commercial environment that promotes fair industrial relations based on reciprocity.
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