US President Donald Trump is weighing 100% duties on imports of Vespa scooters and San Pellegrino mineral water (owned by Nestle) in response to an EU ban on US beef produced with hormones, the Wall Street Journal said Thursday. Roquefort cheese is another of the products that could be affected, the WSJ said. Trump would impose the duties after protests from US beef exporters, unhappy that the EU market has not been sufficiently opened up to them under a 2009 accord, the US financial daily reported.
Premier Paolo Gentiloni stressed that "quality does not have borders: duties, protectionism, closures can't be barriers that put a brake, a wall on quality".
He said "quality (means) growth and wellbeing for all".
"We have what it takes to compete on this market without being aggressive towards anyone because Italy is an open country in terms of quality and trade," he said at the ceremony for the handover of Fincantieri's Majestic Princess ship, which is headed to the Chinese market.
"We have what it takes to compete on this market without being aggressive towards anyone because Italy is an open country in terms of quality and trade," he said. "In this way it is able to express the essence of its manufacturing, its skill". "The world has great difficulties - globalization is not just roses, but this world of great journeys, of openness, makes us say welcome to the Chinese".
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