Italy warns against trade tariffs

Nations must safeguard the healthy world economy of recent years and oppose trade barriers, Italy's Premier Paolo Gentiloni said on Tuesday.

Published: 18th April 2018 12:27 AM  |   Last Updated: 18th April 2018 12:27 AM   |  A+A-

Italian Premier Paolo Gentiloni leaves after attending a year-end press conference in Rome, Thursday, Dec. 28, 2017. | AP

By IANS

MILAN: Nations must safeguard the healthy world economy of recent years and oppose trade barriers, Italy's Premier Paolo Gentiloni said on Tuesday.

"In these past years we have benefitted from a favourable global economic outlook. Let's keep this safe. Care must be taken not to worsen the dark clouds that have appeared on the horizon," he said as he opened a furniture fair in the northern Italian city of Rho.

"We need to work to reduce geopolitical uncertainly and fight the politics of trade tariffs," Gentiloni addeed.

His remarks came amid uncertainty about how the current trade conflict between the US and China - the world's two largest economies - will affect other markets such as Europe.

The trade dispute began after US President Donald Trump imposed tariffs on imports of steel and aluminium last month.

Stay up to date on all the latest World news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

facebook twitter whatsapp