The United States Trade Representative (USTR) is in the process of reviewing the list of European Union products currently facing tariffs as a result of the Airbus subsidies dispute.
Earlier this year, the World Trade Organization ruled that the E.U. had been illegally subsidizing Airbus and approved tariffs on a variety of goods exported from Germany, Spain, the United Kingdom and France to the U.S.
The USTR is now considering whether to increase, decrease or remove tariffs on agricultural and manufacturing goods that are currently on the list. Among these products are bottled Spanish olive oils and some types of French and Spanish table olives, both of which have a 25 percent import duty imposed on them.
The USTR has also attached an additional list of goods and is seeking comment on whether tariffs should be imposed on these products as well. Bulk and packaged olive oils from Spain, Italy, Portugal, Greece and France are on the new list.
The USTR is accepting public comments on the matter until January 13. At the time of writing, however, the USTR had not announced whether it would hold public hearings on the matter.
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