Dictate policy Donald Trump After returning White House This creates a great uncertainty in the world economy. The United States of America considers that the United States is funded that the United States is not enough to respond to its allies Use fees in Europe Force military spending to increase the GDP to 5% of GDP.
Spain is in a complex situationLike other European countries, it is looking for alternatives so that it does not develop tension with Washington. In this sense, some fields are exposed to more than others, In our country, most vulnerable They are the export of agricultural food industry, equipment and products.
The impact of Trump’s fees in John’s olive oil industry
In case of applying DutyThese will directly affect Olive oil industry in JohnDifferent scenes have already begun to handle. Keep in mind that the main agricultural food product selling Spain in North American country is olive oil.
Waiting to know if this product is included in the fee list, experts in the field consider it, although this is not a good news, This is not the worst sceneSince there is no deraitment of the international market, all manufacturing and export countries will have the same treatment.
The problem will come if Donald Trump decides The most negative impact on the olive oil industry in John. In this case, the big beneficiaries will be Tunisia, Morocco, Turkey, Syria, Chile, Argentina, Australia and other manufacturing countries.
Olive oil industry in Spain
Considering the possibility of charging charges in olive oil, we see a number of possible scenes already handled by the industry. The desirable thing is that There is no chargeAlthough one 25% of the appearance of olive oil imports without the difference.
In that case, as we say, there will be no deviation of the global market by affecting all export countries so that the US consumer is 25% higher than the same product.
You Trump Only imposes fees Olive oil It comes from the European UnionThe interests of European countries such as Italy and Spain are mainly, and affecting Portugal and Greece, while other competitors from outside the EU will benefit.
Another possible display The fees are only charged for Spain Due to the “adequate economic contribution” for NATO, as the US president blames, there will be a complex situation in which the sector must take into account the economy that can alleviate its consequences.
A fact that is, that is The amount of olive oil sold to the United States Since the new consumer is very sensitive to the cost, it is complicated that it can be kept in other markets because it can be seen in China, where 50% of the importation of this country has fallen, all of which is due to increased “liquid gold” in Spain.
