Greek olive oil more attractive in the US than Spain’s
If Spanish olive oil is affected by a 25% US tariff while similar products from other countries such as Italy, Greece, Australia, Tunisia, and Morocco are not, these products would surely be much cheaper
Rafael Pico, president of the Spanish Olive Oil & Pomace Olive Oil Exporters Association (ASOLIVA), told Xinhua in an interview that the 25 percent US tariff imposed as of Friday on bottled Spanish olive oil means the product will be effectively “expelled” from the US market.
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