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


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

Dec. 11, 2019
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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