This is a setback for producers of black table olives: the difficult drought problem is being compounded by the commercial one. This is especially true for Seville, where almost 90% of the national total is produced. Donald Trump¿s government is imposing a precautionary tariff on Spanish olives due to unfair competition as outlined by the U.S. Secretary of Commerce.
The tariff fluctuates between 2% and 7%, allegedly because this product is imported below the market value due to subsidies received from the European Agricultural Policy. There have already been reactions from the sector and the administration. They are asking the European Union to participate fully in line with the World Trade Organisation¿s rules to stop the tariff.