Europe

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

Dec. 11, 2019
By Daniel Dawson

Recent News

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.

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