13 iunie 2018

EU calls U.S. tariffs on Spanish olives protectionism

euronews.com

BRUSSELS (Reuters) – The European Commission labelled as “unacceptable” on Wednesday the United States’ conclusion that Spanish olives should face import duties because they are being sold far too cheaply and benefit from unfair subsidies. In the latest twist in a growing transatlantic trade conflict, the U.S. Commerce Department announced on Tuesday that Spanish exporters were selling olives at 16.88-25.50 percent below fair value and with subsidies that would need tariffs of 7.52-27.02 [...]