Secretary of the Treasury Scott Bessent met with Italian Minister of Economy and Finance Giancarlo Giorgetti on April 16 to discuss a range of topics, including the global economic environment, energy concerns, and the ongoing Iran conflict.
The meeting highlighted key issues in international cooperation between the United States and Italy. Discussions focused on both countries' interests in maintaining stability in global markets and ensuring secure access to critical resources.
Bessent expressed satisfaction about engaging with Giorgetti on cooperation regarding critical minerals, which are important for various industries. The Secretary also reiterated the Trump Administration’s continued opposition to Italy’s Digital Service Tax. He raised concerns about what he described as aggressive tax enforcement actions against foreign companies operating in Italy.
The dialogue between U.S. and Italian officials reflects ongoing efforts by both governments to address shared challenges related to taxation, trade policy, and resource security.
Future talks are expected as both nations seek ways to strengthen their economic partnership while navigating complex international issues.
