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import/export / page 2

Business

Oct. 10, 2019

Spain Reacts to U.S. Tariff on Olive Oil

The announcement of the U.S. tariffs comes as protestors head to Madrid to demand action on low olive oil prices. Government officials fear Andalusia, one of Spain's poorest regions, will be hit the hardest by the tariffs.

Business

Oct. 3, 2019

Spanish Olive Oil on Final List of Retaliatory Tariffs on E.U. Goods

Along with some Spanish olive oils, certain types of table olives from both France and Spain will also face a 25-percent tariff on U.S. imports. Olive oils from Italy, Portugal and Greece will be unaffected.

Europe

Oct. 2, 2019

U.S. Can Impose $7.5 Billion of Tariffs on European Goods, WTO Says

Officials in the United States have yet to decide which goods will be subject to the tariffs. Olive oil and table olives were both included in preliminary lists.

Business

Aug. 9, 2019

Producers and Exporters Eagerly Await Ratification of EU-Mercosur Deal

The trade deal will eliminate tariffs on both Mercosur and E.U. exports and creates the world's largest bloc of olive oil consumers and producers.

Africa / Middle East

Aug. 7, 2019

Olive Oil Prices Set to Rise in Israel as Import Quotas Run Out

Ahead of the Jewish holiday season, olive oil prices are likely to increase. Custom duty waivers on imported oil are expected to run out by the start of October.

Europe

Aug. 5, 2019

Greece Asks for Exemption From U.S. Tariffs on E.U. Products

The Greek minister of Agriculture cited the close relations between the two countries in a request to not be drawn into a trade war.

Business

Jul. 25, 2019

U.S. and E.U. Olive Oil Sectors Anxiously Await Trade Ruling

The imposition of tariffs on European Union olive oil exports to the United States would hurt farmers, raise prices in America and be difficult to undo.

Business

Jul. 22, 2019

EU-Mercosur Agreement Paves the Way for Tax-free Agricultural Trade

It is the largest deal the EU has struck in terms of tariff reduction, and also the one that has raised most concerns for repercussions on various business sectors and the environment.

Business

Jul. 17, 2019

Italian Producers Could Lose $200M if U.S. Tariffs Approved, Trade Group Warns

The Italian olive oil association warns that olive oil prices could double as a result of the tariffs, which have the potential to cut Italian oil exports to the U.S. by 50 percent.

Business

Jun. 6, 2019

Spanish Olive Exports to US Plummet Since Tariffs Imposed

The tariffs are slowly redefining the global table olive trade as new producers fill the void left by Spain in the U.S. market and Spanish growers look to the east to sell their crop.

N. America

May. 1, 2019

U.S. Trade Rep. to Hold Public Hearing on Olive Oil Tariffs

Among those giving testimony at the hearing will be the executive director of the North American Olive Oil Association, which is also circulating a petition to get olive oil removed from the list.

Business

Apr. 26, 2019

EU Olive Oil Exports to Reach Record Levels

The European Commission predicts that high worldwide demand combined with decreased production in non-E.U. countries will result in record E.U. exports for 2018/2019.

News Briefs

Apr. 23, 2019

Trade Group Petitions U.S. Over Potential Olive Oil Tariffs

The North American Olive Oil Association has said American consumers will be directly hurt by potential tariffs on European olive oil imports and called the suggested move a "tax" on Americans' health.

Business

Apr. 17, 2019

Olive Oil Drives Growth of Greek Agri-food Sector

Olive oil was the largest Greek agri-food export last year and the fourth-largest export overall, according to a new report. Its success has renewed the call from farmers for government backing.

Business

Apr. 10, 2019

US Threatens Tariffs on EU Olive Oil Imports

A World Trade Organization decision found that the E.U. has unfairly subsidized plane manufacturer Airbus. The result could be retaliatory tariffs on numerous E.U. goods, including olive oil.

Asia

Apr. 2, 2019

The Indian Olive Oil Market Shows Potential, but Comes at a Price

Spain is well-positioned to capitalize on the growing market for olive oil in India. High tariffs on imported olive oils, however, present a major hurdle for Spanish producers.

Africa / Middle East

Mar. 6, 2019

Signs of Hope in Palestine's Olive Oil Sector

Free trade deals with Indonesia and the U.K. could provide Palestinian producers with ample export opportunities. The prospects of another poor harvest may complicate this.

Business

Feb. 7, 2019

Europe Challenges US Tariffs on Spanish Olives

The E.U. has filed a complaint with the World Trade Organization, but the short-staffed trade entity faces a massive backlog. Spanish olive producers face an uncertain future with a December 2019 deadline looming.

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