Nov. 17, 2020
While European exporters are optimistic that the Biden administration will reset trading relations, the effects on the domestic olive oil sector remains to be seen.
Oct. 15, 2020
The widely-expected move could pave the way to a de-escalation of trade tensions between the E.U. and U.S.
Aug. 25, 2020
In return for removing $111 million tariffs on lobster imports, the United States will eliminate $160 million in tariffs on a range of goods. Observers see this as the first step in de-escalating trade tensions that led to the imposition of a 25 percent tariff on some Spanish olive oils.
Aug. 24, 2020
Angela Merkel is concerned that dropping E.U. tariffs on some agricultural products from Brazil will expedite deforestation in the Amazon rainforest.
Aug. 19, 2020
Tariffs on Spanish olive oil and French and Spanish table olives will remain at 25 percent however, after the U.S. opted not to increase them.
Jun. 12, 2020
The United States has been found to be illegally subsidizing Boeing and the World Trade Organization is set to announce what punitive measures the European Union can take. New tariffs may be on the horizon.
Apr. 28, 2020
The move comes as a blow to olive oil producers who may lose out while the rest of the bloc negotiates free trade deals with South Korea and Canada. Argentina will continue working with the Mercosur to implement a previously agreed deal with the European Union.
Apr. 17, 2020
The new free trade agreement signed by the European Union and Vietnam will eliminate tariffs on olive oil imports, creating new opportunities for Spanish, Italian and Greek producers to tap into a growing market.
Feb. 19, 2020
A revised list of tariffs on E.U. products spares Greek olive oils.
Feb. 16, 2020
Italians applaud the decision while U.S. trade officials warn that a future review could involve products that were not included this time.
Feb. 6, 2020
Luis Planas has announced a number of measures aimed at helping producers cope with low prices and increasing production costs. He also met with olive oil producers to discuss self-regulation.
Sep. 18, 2019
The WTO has reportedly decided whether it will approve tariffs on European goods headed to the U.S. and is set to make an announcement soon. Until then, importers are accelerating purchasing schedules in order stock up on Spanish oils.
Sep. 18, 2019
Since tariffs were imposed in August 2018, Spanish olive producers and exporters have lost more than $50 million.
Aug. 29, 2019
Phil Hogan has promised to intervene in order to protect the interests of Spanish olive oil producers if prices do not rebound. Varied production forecasts and trade uncertainties make it unclear whether this will happen.
Aug. 26, 2019
A bipartisan group of U.S. lawmakers has come together to warn that tariffs on European Union olive oil imports will lead to higher prices and could cause olive oil shortages.
Aug. 9, 2019
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.
Aug. 7, 2019
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.
Aug. 5, 2019
The Greek minister of Agriculture cited the close relations between the two countries in a request to not be drawn into a trade war.