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Italy confident US-EU trade accord will echo the US-UK deal

ROME (Reuters) -Italy is confident the United States will agree to a trade deal with the European Union similar to the one Washington has already struck with Britain, Economy Minister Giancarlo Giorgetti said on Thursday. The White House has imposed a 25% tariff on imports of steel, aluminium and cars, as well as a baseline 10% tariff on almost all countries, with additional "reciprocal" tariffs -- making for a combined 20% in the EU's case -- lined up if negotiations during a 90-day pause fail. Earlier this month, U.S. President Donald Trump and British Prime Minister Keir Starmer announced a limited bilateral trade agreement that leaves in place Trump's 10% tariffs on British exports, modestly expands agricultural access for both countries and lowers prohibitive U.S. duties on British car exports.