Italy to allegedly cut 2025 growth to 0.6% over US tariffs - Breaking The News

Italy to allegedly cut 2025 growth to 0.6% over US tariffs

9 April

1 min read

UNSPLASH / FREDERIC CHRISTIAN

Italy's government is preparing to halve its 2025 growth forecast from 1.2% to 0.6%, according to a government source cited by AFP on Wednesday. The revised forecast, which is part of Italy's updated economic roadmap, has not been confirmed yet but is expected to be approved by Prime Minister Giorgia Meloni's cabinet later today.

Meloni, who has criticized US President Donald Trump's sweeping tariffs, is scheduled to visit Washington on April 17 to discuss the matter directly with Trump. The Bank of Italy also revised its growth projections, lowering the 2025 estimate to 0.5%, while adjusting forecasts for 2026 and 2027.

tariffs gdp trade war

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