The head of Italy's Confindustria, a national industry lobby, expressed concerns about the significant impact that U.S. tariffs would have on Italian companies. He urged Europe to engage in negotiations with President Donald Trump to prevent further escalation of trade tensions. Trump was expected to introduce substantial reciprocal tariffs, likely leading to increased costs and retaliation from various countries. Details of the tariff plans were kept confidential until a White House announcement later in the day. The Confindustria is set to publish a report on the consequences of the tariffs on the Italian economy, particularly affecting industries like pharmaceuticals, fashion, food, and production machinery. There are fears that if Europe intensifies its conflict with the U.S., China may benefit. The business leader suggested measures such as reducing interest rates, forging new trade agreements, and enhancing the European single market to counter the impact of tariffs. Moreover, he hoped that Italian businesses would not consider moving their production outside the country due to the tariffs. The Confindustria head emphasized the need for a robust response from the European Union to protect its companies and workforce from the effects of the tariffs.