In this inaugural session of the IACC Global Leadership Forum, Carmine Porello, Chief Representative for North America at Banca d’Italia, will provide an in‑depth assessment of the first year of the Trump administration’s tariff strategy, whose design and implementation placed strain on the multilateral trading framework and intensified frictions with long‑standing allies.
The discussion will compare the policy’s stated objectives with its measurable effects on trade flows, manufacturing investment, and consumer prices, and examine how the political economy of affordability is shaping the national debate ahead of the midterm elections.
The session will conclude with an exploration of the recent Supreme Court ruling and its potential implications for the future trajectory of U.S. trade policy and the broader global economic landscape.
