<p>Rome: Italian Prime Minister Giorgia Meloni said on Thursday that trade tariffs announced by the United States were a mistake but their impact should not be overestimated and the reaction needed to be carefully considered.</p><p>"We must not fuel alarmism, it's not a catastrophe," Meloni said in an interview on Italian state television station RAI.</p>.Don't see any significant impact on Indian auto industry by US reciprocal tariff: SIAM.<p>"I'm not convinced that the best way to respond to tariffs is with other tariffs," she added.</p>
<p>Rome: Italian Prime Minister Giorgia Meloni said on Thursday that trade tariffs announced by the United States were a mistake but their impact should not be overestimated and the reaction needed to be carefully considered.</p><p>"We must not fuel alarmism, it's not a catastrophe," Meloni said in an interview on Italian state television station RAI.</p>.Don't see any significant impact on Indian auto industry by US reciprocal tariff: SIAM.<p>"I'm not convinced that the best way to respond to tariffs is with other tariffs," she added.</p>