US Tariff Exposure
US Tariffs on Italy
Updated August 2026 · source: USTR Section 301 & Federal Register
Italian olive oil, pasta, Parmesan cheese, Gucci bags, and Ferraris all face tariffs. A 20% tariff means your extra virgin olive oil and Italian wine cost more at the store. Ferraris and Lamborghinis jump 25%.
Italy tariff rates by sector
| Sector | US tariff rate | Source |
|---|---|---|
| Automotive | 25% | USTR / official |
| Wine & Olive Oil | 20% | USTR / official |
| Fashion & Leather | 20% | USTR / official |
| Machinery | 20% | USTR / official |
| Wine & Spirits | 20% | USTR / official |
Italy trade & debt exposure to the US
- U.S. Treasury Holdings $42.1B Via Banca d'Italia
- Trade Deficit (Annual) $39.5B 2024 goods trade deficit
- FDI in U.S. $38B Foreign direct investment
Italy tariffs — FAQ
What is the US tariff rate on Italy?
Italy faces an effective US tariff of 20%, with Automotive seeing the highest sector rate at 25%. Rates are drawn from USTR Section 301 schedules and recent Federal Register actions.
Which Italy sectors are hit hardest by US tariffs?
Automotive (25%), Wine & Olive Oil (20%), Fashion & Leather (20%).
What does Italy's tariff impact score mean?
34/100 — FinBrio's impact score combines the headline tariff rate, how many sectors are affected, and the country's trade exposure to the US into a single 0–100 measure of how hard US trade policy hits it.
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