The EU wins the lawsuit against the US for tariffs on Spanish black olives

Published 2024년 2월 21일

Tridge summary

The World Trade Organization (WTO) has ruled in favor of the EU in a lawsuit against the US over Spanish black olives. The US failed to comply with a previous ruling that found its imposition of anti-subsidy duties on Spanish black olives to be inconsistent with WTO rules. The US, which had imposed duties of between 30 and 44% on these imports in 2018, is now required to take immediate action to implement the ruling and remove the duties.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This Tuesday, the World Trade Organization (WTO) agreed with the EU in its lawsuit against the United States for not complying with a ruling regarding black olives from Spain. The report of the WTO Special Group published this Tuesday once again gives the EU a clear and resounding victory. It confirms that the United States did not implement the recommendations of the original Panel, namely the conclusion that the US legal provision that served as the basis for imposing anti-subsidy duties on Spanish black olives is inconsistent with WTO rules. Before the duties were imposed in 2017, Spain was the largest exporter of black olives to the United States: the value of imports was US$67 million, representing 76% of US black olive imports. In 2022, Spain's exports to the United States amounted to only $20 million and accounted for 26% of US imports. Following the conclusions of the report published this Tuesday, both parties can now request that the WTO Dispute Settlement Body (DSB) ...

Source: InfoAgro