Personally, if I think about reversed roles (I.e. some US newspaper putting an Italian gangster hat - a-la The Godfather to some politician with some offer-related pun) I wouldn’t think of it as racist, I would understand it’s not a statement about Italians in general. This also considering that being a gangster of course has plenty of negative connotations.
The whole thing feels to me like the attitude that is made fun on in Parks and Recreation and the Wamapoke. But anyway, the newspaper is shit and to be honest I find the substance of the article way worse than the image.