Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Italy's Meloni to meet Trump amid U.S.- Europe trade tensions
    Headlines

    Italy's Meloni to meet Trump amid U.S.- Europe trade tensions

    Italy's Meloni to meet Trump amid U.S.- Europe trade tensions

    Published by Global Banking and Finance Review

    Posted on April 15, 2025

    Featured image for article about Headlines

    By Angelo Amante

    ROME (Reuters) - Italian Prime Minister Giorgia Meloni is heading to the White House for a meeting on Thursday with President Donald Trump, seeking to ease tensions over U.S. tariffs on European goods and position herself as a bridge between Washington and Brussels.

    Meloni is walking a tightrope between her ideological affinity to the president and her ties with European allies, who have criticised Trump's tariff hikes and his decision to exclude the EU from talks with Russia to end the war in Ukraine.

    While Meloni is under pressure at home to protect Italy's export-driven economy, which last year ran a 40 billion euro ($45.4 billion) trade surplus with the U.S., she must also be seen to defend the interests of the whole 27-nation EU bloc.

    French government ministers have warned that the nationalist Italian leader might undermine EU unity by going alone to Washington, but the European Commission, which has responsibility for negotiating trade accords, has welcomed Meloni's trip.

    Trump's abrupt decision last week to pause most global tariffs for 90 days has relieved some of the pressure on Meloni, meaning that she won't feel the need to return with a deal, but rather to create the right environment for an accord.

    "She is no longer travelling amid an open clash involving the EU. She is going as a de facto mediator," said Lorenzo Castellani, a political analyst at Luiss University in Rome.

    ROME'S AMBITIONS

    Meloni was the only EU leader invited to Trump's inauguration in January and this week's meeting will take place the day before she hosts Vice President JD Vance in Rome -- back-to-back talks that could be crucial to furthering Italian ambitions to play a pivotal role in transatlantic relations.

    "If she facilitates negotiations with Trump without penalising Europe, she will emerge much stronger," said Castellani.

    European Commission President Ursula von der Leyen has so far not been granted an audience with Trump, meaning that she has to rely on others to promote EU interests.

    A Commission spokesperson said Meloni and von der Leyen had been in regular contact ahead of the White House meeting.

    Both leaders have called for all of Trump's so-called reciprocal tariffs to be scrapped for the EU, and Meloni is expected to push for a "zero-for-zero" deal on industrial tariffs between the two sides.

        French officials fear Trump is seeking to divide and conquer Europe, and worry Meloni could play into his hands.

        "We need to be united because Europe is strong if it's united," Marc Ferracci, the French minister for industry and energy, told FranceInfo radio. "If we start having bilateral talks, of course it'll break this momentum."

    CHINA

    While Trump has frozen many tariffs, he has maintained a wall of levies on China and some analysts say this might bring China and Europe closer together.

    Spanish Prime Minister Pedro Sanchez met Chinese President Xi Jinping in Beijing last week, and urged greater engagement with China in order to defend globalisation and to oppose "unilateral acts of bullying".

    Rome has distanced itself from his comments.

    "The great clash underway is not between the U.S. and Europe, but between the U.S. and China," Italian Defence Minister Guido Crosetto told Reuters in an interview.

    Trump and Meloni may also discuss defence and Castellani said Meloni might promise to hike defence spending in future.

    Italy's defence budget was 1.49% of GDP last year even as Trump is pushing NATO allies to lift military spending to 5% of GDP.

    ($1 = 0.8814 euros)

    (Additional reporting by Michel Rose in Paris and Philip Blenkinsop in Brussels; Editing by Crispian Balmer and Frances Kerry)

    Related Posts
    Ukraine starts new round of talks with US,  Kyiv negotiator says
    Ukraine starts new round of talks with US, Kyiv negotiator says
    Turkey finds Russian Orlan-10 drone in northwestern city – interior ministry
    Turkey finds Russian Orlan-10 drone in northwestern city – interior ministry
    Trump said he has no bigger healthcare plans: Obamacare will 'repeal itself'
    Trump said he has no bigger healthcare plans: Obamacare will 'repeal itself'
    NATO sees positive signs Czech ammunition scheme for Kyiv may continue
    NATO sees positive signs Czech ammunition scheme for Kyiv may continue
    Freed Belarus opposition figures Kalesnikava, Babaryka to speak in Berlin on Tuesday
    Freed Belarus opposition figures Kalesnikava, Babaryka to speak in Berlin on Tuesday
    Maersk tests Red Sea route as Gaza ceasefire offers hope
    Maersk tests Red Sea route as Gaza ceasefire offers hope
    Trump envoy Witkoff to meet national security advisers of Ukraine, Germany, France and UK
    Trump envoy Witkoff to meet national security advisers of Ukraine, Germany, France and UK
    Russia's tax proceeds from oil may fall in January to the lowest since 2022, Reuters calculations show
    Russia's tax proceeds from oil may fall in January to the lowest since 2022, Reuters calculations show
    French court orders Shein to verify age for adult products, rejects government suspension request
    French court orders Shein to verify age for adult products, rejects government suspension request
    No drop in military aid to Kyiv since US policy shift, NATO official says
    No drop in military aid to Kyiv since US policy shift, NATO official says
    How is Britain's government doing on its housing targets?
    How is Britain's government doing on its housing targets?
    Cricket-England's Barmy Army earns praise for litter-picking
    Cricket-England's Barmy Army earns praise for litter-picking

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    Factbox-What are shipping companies' plans for return to Suez Canal?

    Factbox-What are shipping companies' plans for return to Suez Canal?

    Big central banks signal rate-cut cycle is ending

    Big central banks signal rate-cut cycle is ending

    Embraer's Eve makes maiden flight of 'flying car' prototype

    Embraer's Eve makes maiden flight of 'flying car' prototype

    Markets quietly welcome EU shift to joint borrowing for Ukraine loan

    Markets quietly welcome EU shift to joint borrowing for Ukraine loan

    Putin promises to look into case of jailed Frenchman Laurent Vinatier

    Putin promises to look into case of jailed Frenchman Laurent Vinatier

    Presses fall silent after mobs torch offices of Bangladesh's top newspapers

    Presses fall silent after mobs torch offices of Bangladesh's top newspapers

    Ukraine can advise Poland on drone defence, Zelenskiy says in Warsaw

    Ukraine can advise Poland on drone defence, Zelenskiy says in Warsaw

    French government calls for Christmas truce in farmer protests

    French government calls for Christmas truce in farmer protests

    Macron says Europe will need to engage with Putin if US peace talks fail

    Macron says Europe will need to engage with Putin if US peace talks fail

    ECB's Santos Pereira: inflation at target, rate moves to hinge on economy

    ECB's Santos Pereira: inflation at target, rate moves to hinge on economy

    Putin says Trump is right to sue BBC over speech edit

    Putin says Trump is right to sue BBC over speech edit

    Rogue texts, aliens and a marriage proposal - welcome to Vladimir Putin's phone-in

    Rogue texts, aliens and a marriage proposal - welcome to Vladimir Putin's phone-in

    View All Headlines Posts
    Previous Headlines PostUkraine, UK, France and Turkey discuss Black Sea security, Zelenskiy says
    Next Headlines PostRussian journalists jailed for 5-1/2 years for alleged extremist ties to Navalny