{"id":15356,"date":"2025-07-28T11:45:36","date_gmt":"2025-07-28T08:45:36","guid":{"rendered":"https:\/\/mongolianews.mn\/?p=15356"},"modified":"2025-07-28T11:45:36","modified_gmt":"2025-07-28T08:45:36","slug":"eu-us-tariff-deal-a-positive-development-italys-meloni","status":"publish","type":"post","link":"https:\/\/mongolianews.mn\/?p=15356","title":{"rendered":"EU-US tariff deal a \u2018positive\u2019 development \u2013 Italy\u2019s Meloni"},"content":{"rendered":"

Political opponents have accused the prime minister of failing to push for better terms for the country<\/strong><\/p>\n

Italian Prime Minister Giorgia Meloni, one of the closest European allies of US President Donald Trump, has welcomed the EU\u2019s trade deal with Washington despite criticism of the terms at home.<\/p>\n

After months of talks, the EU has reached a trade agreement\u00a0with the US that sets a baseline 15% tariff on most exports, including cars, while steel and aluminum remain at 50%. The deal was reached at a meeting between Trump and European Commission President Ursula von der Leyen on Sunday. Both called it a \u201cpowerful\u201d<\/em> and \u201cstabilizing\u201d<\/em> breakthrough.<\/p>\n

Speaking to reporters on Sunday, Meloni called the agreement a positive development.<\/p>\n

\u201cI think it\u2019s positive that there\u2019s an agreement,\u201d<\/em> Meloni, who had previously criticized Trump\u2019s tariff drive and pledged to pursue a zero-for-zero deal, said. Italy is one of Europe\u2019s top exporters to the US, with a trade surplus exceeding \u20ac40 billion ($46 billion).<\/p>\n

\n Read more<\/strong><\/span><\/p>\n

\n \"European
EU submits to 15% Trump tariffs in new US trade deal<\/a><\/figcaption><\/figure>\n<\/blockquote>\n

Opposition leaders, however, slammed Meloni for failing to secure better terms. Five Star Movement leader Giuseppe Conte wrote: \u201cThere is a winner \u2013 US President Trump \u2013 and a loser, or rather two: The EU and Giorgia Meloni.\u201d<\/em> He warned the tariffs could cost Italy \u20ac23 billion in exports and threaten 100,000 jobs.<\/p>\n

Democratic MEP Stefano Bonaccini echoed the criticism, saying, \u201c15% tariffs are better than 30% but worse than zero,\u201d<\/em> and warned of \u201ctens of billions\u201d<\/em> in losses. Former Labor Minister Andrea Orlando called the deal a \u201crip-off,\u201d<\/em> saying Meloni\u2019s friendship with Trump failed, while slamming von der Leyen as \u201ceither incompetent or acting in bad faith.\u201d<\/em><\/p>\n

Meloni defended the deal, saying it helped avert a \u201chead-on clash\u201d<\/em> with the US. She argued that the 15% tariff is \u201csustainable\u201d<\/em> as it will not add to previous tariffs, but will bring \u201cstability.\u201d<\/em><\/p>\n

Economists at the Kiel Institute warned of a drop in production and job losses across the EU, with Germany expected to take the biggest hit. The Federation of German Industries (BDI) called the deal an \u201cinadequate compromise,\u201d<\/em> with the \u201conly positive aspect\u201d<\/em> being the prevention of further escalation.<\/p>\n","protected":false},"excerpt":{"rendered":"

Political opponents have accused the prime minister of failing to push for better terms for the country Italian Prime Minister Giorgia Meloni, one of the closest European allies of US…<\/p>\n","protected":false},"author":1,"featured_media":15357,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[],"class_list":["post-15356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t