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tariffs

Africa / Middle East

Jun. 30, 2020

Tunisia Asks Europe to Increase Duty-Free Imports

The head of Tunisia's National Olive Oil Board has formally requested that Brussels nearly double existing duty-free olive oil import quotas to 100,000 tons per year.

Business

Jun. 30, 2020

U.S. Considers New Tariffs on European Olives and Olive Oils

The U.S. Trade Representative is considering whether to increase existing tariffs on imports from the European Union as well as implement new ones.

Business

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.

Business

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.

News Briefs

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.

Business

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.

Asia

Jan. 26, 2020

Australia Hails Sino-American Trade Deal, but Danger Lurks for Farmers

The new accord favors global economic growth in general but could lead to a reduction of the Australian share in the Chinese market.

Business

Dec. 30, 2019

Spanish Olive Oil Group Demands Answers From Prime Minister

The Interprofessional demanded to know how the government would help struggling producers and retaliate against U.S. tariffs.

Europe

Dec. 11, 2019

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

The United States Trade Representative is seeking public comments on additional tariffs on European goods.

Business

Oct. 28, 2019

Despite Tariff Exemption, Greek Producers Struggle to Export Their Oil

With U.S. tariffs on some Spanish olive oil imports coming into force, Greek producers should have an advantage over Spain. However, the nation has not been able to profit from exporting its olive oil reserves.

News Briefs

Oct. 28, 2019

Spanish Olive Oil Giant Plans to Evade Tariffs With New U.S. Production Center

Asecur is making plans to open the packaging facility in order to evade newly imposed tariffs on some Spanish olive oil imports to the U.S.

Business

Oct. 23, 2019

Spanish Table Olive Producers Demand Countermeasures Against U.S. Tariffs

The Interprofessional Organization of the Table Olive Sector asked the Spanish government and the European Union to investigate U.S. government subsidies that have recently been provided to American farmers.

Business

Oct. 23, 2019

Exemption from U.S. Tariffs Creates Opportunity for Greek Exporters

Recently imposed tariffs on some Spanish olive oil exports to the United States could help Greek producers and exporters increase their presence in the lucrative U.S. olive oil market.

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.

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. 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.

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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