Spain Reacts to U.S. Tariff on Olive OilThe 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.
Better Harvests Predicted in Greece, Italy, Portugal, TunisiaA European Commission report predicts a three-percent increase in olive oil production in the E.U. due to reduced pest activity and some countries entering an on-year.