9/18/2013

A new report by the U.S. International Trade Commission finds foreign government subsidies and inconsistent standards may be threatening the competitiveness of the U.S. olive oil industry. "Given the USITC documentation of the European subsidies, high tariffs and significant adulteration and mislabeling, we are anxious to work with U.S. officials to resolve these barriers that clearly impede growth of the U.S. olive oil industry," said Kimberly Houlding of the American Olive Oil Producers Association. The report was requested by the House Ways and Means Committee, and this type of investigation is often followed by U.S. trade actions such as limiting imports, according to international trade lawyer Peter Koenig.

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