US Trade Policy with Italy

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U.S. Trade Policy with Italy The United States and Italy are interdependent on each other for various products. For example, we often see Americans wearing Italian designer clothes, while on the other hand; Italians covet the American brand clothes. As a nation, Italy has been on a steady decline with their exports to the United States. Italy has exported 238.2 billion dollars of total in 1997; 242.3 billion dollars of total exports in 1998; and 148.6 billion dollars of …

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…investigations on this product. This flat-rolled alloy steel product has stirred much question with the Department of Congress. "The Department" has concluded that the "dumping" accusations to this steel product are very complicated. As a result, "the Department" is extending the time to decide upon this case until June 28, 2000. Despite certain problems with the economy, the rates of importation and exportation are such that they create a trade balance, which is quite favorable for Italy.