US EditionWTO Authorizes EU to Retaliate on $13.6 Million Worth of U.S. Goods in Olives Case
7 Articles
7 Articles
New developments in Spain’s oldest trade dispute with the United States. US tariffs on black olives, dating back to August 1, 2018 under the first Trump administration, are currently up to 31%. An arbitration panel of the World Trade Organization (WTO) has authorized the European Union (EU) to impose reprisals on the United States worth 11.7 million euros (13.64 million dollars) for failing to comply with previous decisions of this agency agains…
The European Union may request the WTO Dispute Settlement Body (DRB) to impose sanctions “for an amount not exceeding $13.64 million per year”
Washington did not correct the 35% tariffs imposed in 2017, causing losses of 260 million to the sector.
The European Union (EU) could impose punitive measures amounting to $13.6 million per year in the context of the trade dispute with the United States on Spanish olives, according to an arbitral decision made in Geneva on Wednesday evening by the World Trade Organization (WTO). The dispute concerns the ripe olives on which the United States imposed special customs duties in 2018. The EU filed a complaint on this subject in 2019, which has already…
Geneva - The World Trade Organization (WTO) announced on Wednesday that the European Union was allowed to demand sanctions against the United States in the dispute over US customs duties on Spanish olive imports. The European Union may request the WTO Dispute Settlement Body (DRB) to impose sanctions "for an amount not exceeding USD 13.64 million per year", according to the report of the WTO panel on the matter. However, this amount may "be adju…
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