The EU discusses with the US the elimination of tariffs on Spanish table olives
The European Commissioner for Trade, Valdis Dombrovskis, has held a meeting this Thursday with the United States Secretary of Commerce, Gina Raimondo, to address the abolition of tariffs on olives. Spanish table olives, which should have been eliminated last January.
This was stated by the also vice president of the European Commission in a message on the social network Twitter, which has detailed that both officials. have exchanged “points of view” on the case of Spanish olives.
68% drop in volume.
The meeting took place after Washington failed to comply with the World Trade Organization’s (WTO) ruling on January 14. against its tariffs on Spanish black olives.issued in November 2021, under the Trump Administration.
In August 2018, the United States imposed 35% import tariffs of black olives from Spain as a result of a complaint from the California producing sector. These complaints accused the Spanish black olive industry of selling at low cost and also considered that the CAP subsidies received by the sector represented a ‘dumping’ for the American market.
Since that time, Spanish exports of black olives have fallen by 68% in volumeThis is the reason why the Spanish sector has lost competitiveness, as the Spanish Agri-Food Cooperatives have repeatedly denounced.
Meanwhile, Dombrovskis and Raimondo have discussed other matters of interest for EU-U.S. trade, such as the export control or cooperation in steel and aluminum.
