Spaniards suffer from duties on olive oil In Russia learned to define the substitution of fish

Published 2021년 2월 21일

Tridge summary

Spanish olive oil producers are facing a 25% duty on their product in the United States, resulting in an 81% decrease in exports to the country. This situation, worsened by the COVID-19 pandemic, has led to significant financial losses. However, increases in imports from Tunisia and Portugal are helping to offset some of the losses. These duties were introduced during the Trump administration due to complaints about EU support for Airbus, and Joe Biden has not yet indicated any plans to remove or reduce them. In other news, a Russian laboratory is using advanced DNA testing to identify fish substitution in food products, a method that could also be used to measure the proportion of different components in complex samples.

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Original content

Olive oil producers from Spain suffer from 25 percent duties on the product from the United States. This is reported by Euronews with reference to the local Asaja Farmers Association. According to the organization, today the export of the product to the United States has decreased by 81 percent from last year. In the best years, more than 70 thousand tons per year were supplied there from a European country. The lost profit of exporters, according to rough estimates, has already amounted to several hundred thousand euros. At the same time, according to experts, the losses can be partially offset by deliveries to Tunisia and Portugal, which increased imports seven and 8.5 times, respectively. Read also Italy has lowered its position in the production of olive oil The duties were introduced even during the reign of former US President Donald Trump. Recall that the reason was the head of state's dissatisfaction with the excessive support of the EU countries for the aircraft building ...

Source: Rosng