Italy, Germany most exposed to US tariffs: Gentiloni
Rome: Italy and Germany are the EU countries that are most exposed to the protectionist trade policies United States President-elect Donald Trump’s new administration is expected to implement, European Economy Commissioner Paolo Gentiloni said on Friday.
"It is obvious that this scenario could have repercussions in some countries, particularly in the countries most exposed," Gentiloni said when presenting the Commission's autumn economic forecasts in relation to the looming US tariffs.
"The two countries with the highest trade surpluses with the US are Germany and Italy.
"So there is a potential impact, especially in some countries".