`New List of U.S. Tariff Targets Includes More Olive Oils From Europe - Olive Oil Times

New List of U.S. Tariff Targets Includes More Olive Oils From Europe

By Daniel Dawson
Dec. 11, 2019 00:00 UTC

The United States Trade Representative (USTR) is in the process of review­ing the list of European Union prod­ucts cur­rently fac­ing tar­iffs as a result of the Airbus sub­si­dies dis­pute.

Earlier this year, the World Trade Organization ruled that the E.U. had been ille­gally sub­si­diz­ing Airbus and approved tar­iffs on a vari­ety of goods exported from Germany, Spain, the United Kingdom and France to the U.S.

The USTR is now con­sid­er­ing whether to increase, decrease or remove tar­iffs on agri­cul­tural and man­u­fac­tur­ing goods that are cur­rently on the list. Among these prod­ucts are bot­tled Spanish olive oils and some types of French and Spanish table olives, both of which have a 25 per­cent import duty imposed on them.

The USTR has also attached an addi­tional list of goods and is seek­ing com­ment on whether tar­iffs should be imposed on these prod­ucts as well. Bulk and pack­aged olive oils from Spain, Italy, Portugal, Greece and France are on the new list.

The USTR is accept­ing pub­lic com­ments on the mat­ter until January 13. At the time of writ­ing, how­ever, the USTR had not announced whether it would hold pub­lic hear­ings on the mat­ter.


Related Articles