freetrade
The latest development in the long-standing trade spat comes as a WTO compliance panel report made public on Tuesday (20 February) confirmed the EU's justification for challenging US tariffs on Spanish black olives. The case dates back to 2017 when the US imposed tariffs on Spanish olives, citing harm caused to American producers due to EU subsidies directed at Spanish olive producers through the Common Agricultural Policy (CAP). Subsequently, the US Department of Commerce levied anti-subsidy and anti-dumping duties ranging between 30% and 44% on imports of Spanish black olives. The EU challen...
Euronews (English)
The European single market was incorporated in 1993, to enable the free movement of people, goods, services and capital throughout the European Union. It is the biggest trading bloc in the world, made up of 27 European Union states, with more than 440 million consumers. Liechtenstein, Iceland and Norway also have access to the bloc through the Agreement on the Economic Area, albeit with certain exceptions. Switzerland, on the other hand, can only partially access this single market through bilateral agreements. Since its establishment, the European single market has ensured that the EU economy...
Euronews (English)
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