Italy's exports to the United States could fall by 10% if Washington confirms tariffs of 20% on imports from the European Union, Business and Made in Italy Minister Adolfo Urso said on Wednesday.
    "Should the picture be as envisaged and not change, the ministry's study centre has estimated a 10% impact on Italian exports to the US in the event of reciprocal duties at 20%, and 6.5% if they were to be halved," Urso said.
    The minister said the tariffs would have a big impact on car exports and "a very significant impact on the automotive components supply chain".
    He said the same was true for pharmaceuticals, a "very important export item to the US for us," if US President Donald Trump presses ahead with a newly announced plan for medicines.

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