International Olive Council: "The trade war will not dampen interest in olive oil"

The executive director of the International Olive Council (IOC), Jaime Lillo, has assured this Tuesday that the commercial tariff wars "will not break the growing interest" that the consumer is showing for olive oil in countries such as the United States, Canada, Australia or Brazil. In statements to Efeagro during his participation this Tuesday in the XII WOOE olive oil sector fair, he has admitted, however, that the IOC sees "with concern" the tariff policy promoted by the president of the United States, Donald Trump. The United States produces about 2% of the oil it consumes domestically "and it is a product in which Americans have a lot of interest," according to Lillo. It is a country, therefore, that depends "to a great extent on European and Spanish imports." These are, in his opinion, "very uncertain times" but he is "clear" that, "beyond the commercial wars or the current situation, the major consumption trends ...