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Scoring an own goal

As countries choose between retaliation and deal-making, tariffs seen as damaging even for US

Updated: 2025-04-11 10:40
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A trader works on the floor at the New York Stock Exchange on Monday. BRENDAN MCDERMID/REUTERS

The makers of Italy's Parmigiano Reggiano cheese say the new tariffs mean US consumers will pay more for their crumbly pasta topping.

"Americans continued to choose us even when the price went up" after an earlier round of Trump tariffs in 2019, said Nicola Bertinelli, president of the Parmigiano Reggiano Consortium. "Putting tariffs on a product like ours only increases the price for US consumers, without protecting local producers."

The Consumer Brands Association in the US, which represents big food companies like Coca-Cola and consumer product makers like Procter & Gamble, warned that though its businesses make most of their goods in the US, they now face tariffs on critical ingredients — like wood pulp for toilet paper — that must be imported because of domestic scarcity.

Agencies Via Xinhua

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