Domestic Olive Producers Hurt by Spanish Imports, USITC Finds

The U.S. International Trade Commission (USITC) has found a
“reasonable indication” that domestic olive production has been
injured by imports of Spanish olives sold at less than fair market
value. In June 2017, two California olive producers filed a petition
alleging that the imported olives, which are subsidized by the
Spanish government, have damaged domestic producers.
According to the petition, the number of domestic olive producers
has fallen from 20 to two over the last few decades. The
Department of Commerce initiated an investigation in July, and
final determinations of penalties or duties due under the Tariff
Act of 1930 are expected in early 2018.

Issue 645