How the US elections threaten Spain’s olive oil market

EuronewsEN - 04/11
Donald Trump has announced his intention to impose a general tariff of up to 20% on imported goods. While sectors like machinery, vehicles, and chemicals are expected to suffer the most, Spain fears its olive oil industry could take a significant hit. #EuropeNews
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Trump’s plans to impose a blanket tariff on European imports are once again putting Spain’s market at risk, reigniting the long-standing struggle between the two countries over olive oil exports. 

A blanket tariff of 10% or 20% would make it more expensive for US companies to import goods, meaning that European exports could fall by up to a third in some sectors, ...
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