The WTO authorizes Brussels to respond to the U.S. over the black olive tariffs

An arbitration panel of the World Trade Organization (WTO) has authorized the European Union (EU) to impose on the United States retaliations worth 13.64 million dollars (11.7 million euros) for failing to comply with previous rulings against its tariffs on black olives imported from Spain. In this new decision of a case that has already been ongoing for eight years within the WTO, the arbitration indicates that the United States has not complied with the previous ruling of June 14, 2023, which stated that the tariffs did not comply with the organization's trade regulations and needed to be corrected. The agreed amount is lower than what the EU had requested, which had announced in November 2024 its intention to be able to impose countermeasures worth about 35 million dollars (30 million euros), a figure that it later reduced to 30.5 million dollars (26.1 million euros). The tariffs that the EU can impose on imports from the United States can be adjusted according to inflation, ...