U.S. cuts tariffs on Italian pasta from up to 92% to as low as 2.26% amid trade dispute resolution.

America. has drastically reduced proposed tariffs on imports of Italian pasta after a review, lowering rates for 13 businesses from 92% to 2.26% to 13.98% and 9.09% for 11 other businesses. The action, which takes effect right away, was prompted by complaints from U.S. producers regarding alleged unfair pricing by Italian exporters such as Garofalo and La Molisana. Full results are anticipated on March 11, according to Italy's foreign ministry, which described the adjustment as a recognition of cooperation. The short-term reprieve is intended to relieve retailers' and customers' price pressure.