Brussels urges the US to comply with the ruling that forces it to withdraw tariffs on black olives

Published 2022년 2월 4일

Tridge summary

The European Commission has urged the United States to lift tariffs on Spanish black olives, following a World Trade Organization ruling that the tariffs violated WTO rules. The Commission also clarified that European black olive producers will not be compensated for losses incurred during the tariff period, as the WTO does not apply rules retroactively. The dispute arose as the US argued its dominance in the market, while Europe defended the aid to Spanish producers as part of the Common Agricultural Policy's decoupled aid, allowed by the WTO.

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Original content

The European Commission has urged the United States this Friday to comply with the ruling of the World Trade Organization (WTO) on black olives and withdraw the tariffs that the Trump administration has imposed on imports of this product of Spanish origin since 2018. "We are pending and we hope that the United States takes the appropriate steps to comply with the panel's recommendations and that it ends this discussion that is causing affliction in our trade relations," said the spokeswoman for the European Commission for Trade and Agriculture, Miriam García. , before the media. García expressed the satisfaction of the Community Executive that the United States, under the administration of Joe Biden, has accepted the latest ruling of the WTO and has pointed out that the European Commission will be monitoring the development of events. The WTO agreed, in its ruling last November, with the Spanish black olive producers and ruled that the 25% tariffs applied by the United States to ...

Source: El Economista America