The group said tariffs would especially hurt artisans, self-employed professionals and small businesses.

“Italy would be among the countries most affected by the application of US duties on European products,” warned Confartigianato.

With a report from its research office, Confartigianato  calculated that the drop in value of Italian exports could exceed 11 billion euros.

This would be a drop of 16.8 per cent from the 66.4 billion euros worth of goods and services Italy currently exports to the United States.

“The imposition of additional duties, in the hypotheses of 10 per cent or 20 per cent, would cause our exports to the US to fall, respectively, by 4.3 per cent or even 16.8 per cent,” commented Confartigianato President Marco Granelli.

Meanwhile, Giorgia Meloni will attend Donald Trump’s inauguration as president of the United States for the second time in Washington on Monday, her office said Friday night.

Meloni is on friendly terms with Trump and with his future co-head of a new government efficiency department, the world’s richest man Elon Musk.

However, her attendance at the billionaire businessman and reality star turned politician’s second inauguration had been in some doubt.

Meloni recently paid a flying visit to Trump’s Florida HQ at Mar-a-Lago.

ANSA