Italia–United States

Trump reiterates his accusations against Italy. Meloni: ‘The row must not affect relations with the US’

The annual general meeting of the American Chamber of Commerce in Italia – which took place yesterday in Milan – provided a forum for reassuring the business community. Political tensions have not affected the economic ties between the two countries, which, according to President Stefano Lucchini, are ‘capable of overcoming any difficulty’

by Rome Editorial Staff

 IMAGOECONOMICA

2' min read

Translated by AI
Versione italiana

2' min read

Translated by AI
Versione italiana

Donald Trump reiterated his accusations against Italy and other NATO allies. “Italia has behaved very badly,” said the US President in the Oval Office. He then turned to the allies and said: “They haven’t been there for us, and we’ve spent billions of dollars on them.”

Yet the spat with Donald Trump must not jeopardise relations between the Italian government and the United States. This is the message that Giorgia Meloni is said to have emphasised during the Council of Ministers, inviting ministers to attend the reception on 2 July at the US Embassy to mark Independence Day. The tensions of recent days must be managed, not escalated. And Ambassador Tilman Fertitta ‘has always been extremely helpful and professional towards us’.

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The Forum in Miami has been cancelled

This development comes after a difficult week. Trump had attacked Meloni with words described by the Italian Ministry of Foreign Affairs as ‘serious and offensive’, triggering a chain reaction. Foreign Minister Antonio Tajani had cancelled his visit to the United States, scheduled for 21 and 22 June.

Consequently, the Italy-US Business Forum scheduled to take place in Miami had also been cancelled; this event was designed to boost exports and investment between the two countries and was due to see Tajani meet with Senator Marco Rubio. The Italian Ministry of Foreign Affairs had subsequently promised to keep “businesses and trade associations informed about future bilateral economic partnership initiatives”.

Attempts to mend relations

Efforts are now being made to get the relationship back on track. Meloni herself is said to have closely followed the visit to Washington by the Fratelli d’Italia delegation to the European Parliament: Carlo Fidanza, head of the delegation, and Antonella Sberna, Vice-President of the European Parliament, are due to visit the US capital next week as part of an external meeting of the ECR Group’s Bureau, with meetings already scheduled with members of Congress and representatives of the Trump administration.

A message from the American Chamber of Commerce in the US

Against this backdrop, the annual general meeting of the American Chamber of Commerce in Italia – which took place yesterday in Milan – provided a forum to reassure the business community. Political tensions do not affect the economic ties between the two countries, which are “capable of overcoming any difficulty”, according to Stefano Lucchini, who has been re-elected as president of AmCham Italy for a second term.

Managing Director Simone Crolla played down the diplomatic row: Meloni and Trump “have strong personalities” and “even the best of friends argue, only to strengthen their friendship afterwards”. Licia Ronzulli, Vice-President of the Senate and a Forza Italia senator, spoke of an “unbreakable bond” in a video message to the assembly, warning that “a spiral of confrontation would have negative consequences for everyone”.

Trade data

The figures underpin this optimism. In 2025, Italian exports to the US grew by 7.2 per cent, reaching a record value of 70 billion euros. Total trade exceeds 110 billion dollars. The United States remains the leading foreign investor in Italia. Crolla acknowledged that 2026 will see ‘a slight decline’ linked to uncertainty over tariffs. However, the overall picture will remain favourable: ‘The aggregate figure will still be higher than in previous years.’

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