US cuts proposed tariffs on Italian pasta exporters

The US has significantly reduced proposed tariffs on 13 Italian pasta exporters, the Commerce Department said on Wednesday. Pasta makers previously faced a potential 92 percent fee after the agency determined they were selling their pasta at unfairly low prices. The proposed tariff on Garofalo was reduced to 13.89 percent, while the proposed tariff on…

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SBA says it has suspended '6,900 Minnesota borrowers' over suspected fraud

Small Business Administration (SBA) Administrator Kelly Loeffler said Thursday night that her agency has suspended “6,900 Minnesota borrowers” over suspected fraudulent activity in connection with COVID-era loan programs. Loeffler said the SBA reviewed thousands of potentially “fraudulent” Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) payments approved in Minnesota last week. , Source…

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