20% drop in global sales of Parmigiano expected as US tariffs on EU goods kick in

epa07898300 Parmesan cheese (Parmigiano-Reggiano) at the maturing warehouses of the Ferrarini agri-food group in Reggio Emilia, Italy, 22 April 2015. EPA-EFE/ELISABETTA BARACCHI

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Italian Farmers’ association Coldiretti said that he’s expecting a a 20% drop in the sales of the agro-food products like Italian cheeses such as Parmigiano Reggiano, Pecorino, Grana Padano and Gorgonzola as the 25% tariffs United States President Donald Trump has set on many EU goods kicked in on Friday.

Italian spirits are also among the products getting pounded in the tariffs worth a total of 7.5 billion dollars.


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