ROME, April 18 (Xinhua) -- Italy's leading industrial association Confindustria said Friday that the "wave of uncertainty" generated by the United States' tariff policy will be a significant drag on Italian economic growth.
In a research note, Confindustria said that the tariffs and the confusion surrounding them create a risk of a long-term "structural crisis" for Italian industrial production. The biggest impact will be on Italian manufacturing, the association said.
