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China Will Reduce Tariffs on European Exports of Oil, Footwear and Car Parts

The reductions will enter into force on 1 January 2027 for four years and will affect EU sales valued at 4 billion China will reduce tariffs on European exports of oil, footwear and car parts

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77% of the total olive oil that China buys comes from our country, which in 2025 exported to the Asian country extra virgin olive oil worth 114 million dollars or 108.1 million euros Read

·Madrid, Spain
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Spain, as the largest supplier of olive oil to China, stands as one of the major beneficiaries of the tariff reduction agreed last week between the European Union (EU) and Beijing, which will halve the taxes it imposes on the import of this product.

The reductions will enter into force on 1 January 2027 for four years and will affect EU sales valued at 4 billion China will reduce tariffs on European exports of oil, footwear and car parts

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nuevecuatrouno.com broke the news on Monday, October 12, 2026.
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