tariffs / page 6

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.

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.

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.

Oct. 3, 2019

Spanish Olive Oil on Final List of Retaliatory Tariffs on E.U. Goods

Along with some Spanish olive oils, certain types of table olives from both France and Spain will also face a 25 percent tariff on U.S. imports. Olive oils from Italy, Portugal and Greece will be unaffected.

Oct. 2, 2019

U.S. Can Impose $7.5 Billion of Tariffs on European Goods, WTO Says

Officials in the United States have yet to decide which goods will be subject to the tariffs. Olive oil and table olives were both included in preliminary lists.

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.

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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.

Jul. 29, 2019

Musco Reaches Quota for Signing New Olive Grower Deals

The Musco Family Olive Company said that it is unable to offer any more new contracts to olive farmers whose previous ones were canceled by Bell-Carter earlier this year.

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.

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.

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.

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.

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