How should Italian companies behave in the face of the introduction of new US tariffs on imports?
Trade barriers are generating new uncertainties for many Italian companies involved in foreign trade relations. Effectively addressing the issue means carefully analyzing international contracts and acting with foresight.
Francesco Fiore, partner of QLT Law & Tax, spoke on SkyTG24 Business to analyze the repercussions of these measures on the Italian business fabric and provide operational guidance to the companies involved.
As underlined by Fiore, understanding the legal implications of US tariffs for Italian companies is now more than ever essential to protect the solidity of relationships with foreign partners.
In his speech, Fiore invited companies to be extremely cautious: it is essential to carefully analyze the contracts already in place with American commercial partners. In particular, the advice is to check the clauses relating to costs and the distribution of burdens, the delivery terms and the presence of any clauses for the renegotiation of economic terms in the event of extraordinary events.
All international agreements are based on shared principles: this does not prevent, even during the relationship, from referring to recognized standards to request the reassessment of contractual conditions. Looking to the future, Fiore underlines the importance of immediately inserting adequate clauses in new contracts, to prevent imbalances and protect against unpredictable scenarios.
Expert legal support can make the difference in the preventive and reactive management of relations with foreign countries, especially in an unstable global context such as the current one.
You can review the speech below:
