tariffs

Nov. 17, 2020

Trump's Days in Power Are Numbered, But His Tariffs May Endure

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

WTO Approves $4B in Tariffs on U.S. Goods Imported to Europe

The widely-expected move could pave the way to a de-escalation of trade tensions between the E.U. and U.S.

Aug. 31, 2020

Spanish Table Olive Exports to U.S. Fall Further

Table olive exports from Spain to the United States fell by almost a third in the first half of 2020. U.S. tariffs are blamed for the steep drop.

Aug. 25, 2020

Europe Removes Tariffs on U.S. Lobsters in Bid to De-Escalate Trade Tensions

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

German Chancellor Casts Doubt Over Landmark E.U.-Mercosur Trade Deal

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

U.S. Rejects E.U. Demand to Drop Tariffs on Agricultural Goods

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

E.U. Threatens to Impose Retaliatory Tariffs on U.S.

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

Argentina Exits Mercosur Trade Negotiations

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

EU-Vietnam Trade Agreement Opens Door for European Producers

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

Greek Olive Oil Gets New Exemption From US Tariffs

A revised list of tariffs on E.U. products spares Greek olive oils.

Feb. 17, 2020

No New US Tariffs on Spanish Olive Oil Imports

The United States Trade Representative decided not to add new tariffs to Spanish packaged and bulk olive oil imports. The USTR will revise the list once again in August.

Feb. 16, 2020

Italian Olive Oil Spared in Latest U.S. Tariff Review

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

Amid Protests, Spain's Agriculture Minister Pledges Support to Farmers

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. 19, 2019

MPs in Austria Reject EU-Mercosur Free Trade Deal

Citing environmental concerns, no major political parties in the Austrian parliament supported passing the deal. Many want the government to veto it all together, while one wants to renegotiate.

Sep. 18, 2019

Spanish Olive Oil Exports to U.S. Surge Ahead of WTO Decision

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

Spanish Black Olive Exports to U.S. Halved Since Tariffs Imposed

Since tariffs were imposed in August 2018, Spanish olive producers and exporters have lost more than $50 million.

Aug. 29, 2019

EU Agriculture Commissioner Pledges Support for Spanish Olive Sector

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

U.S. Lawmakers Warn Against Trump Tariffs on E.U. Olive Oil

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

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.

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.

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.

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