Trade
Italy’s Giorgetti Is Worrying About Fallout From the Trade War
Italian Finance Minister Giancarlo Giorgetti
Photographer: Simon Wohlfahrt/BloombergItalian Finance Minister Giancarlo Giorgetti said he’s concerned about potential damage to European economies from trade tensions and the weakening of the US dollar.
“We are worried about the impact of economic uncertainty and persistent commercial tensions on our economies,” Giorgetti said on Friday, speaking from South Africa where he is attending a Group of 20 meeting of finance ministers. “The weakening of the US dollar is adding to the impact of higher tariffs.”