"Facing unprecedented pressure" The US tariffs impact Spanish olive oil exports.

Jin10 data April 19 news, the U.S. government's tariff policy has disrupted the global trade market, and the import and export trade between the EU and the U.S. is also facing huge shocks. Spain's olive oil production and export volume have long ranked first in the world. Against the backdrop of the U.S. imposing excessive tariffs, the Spanish olive oil industry is not only experiencing unprecedented shocks but is also seeking alternative target markets to replace the U.S. Affected businesses have stated that due to significantly rising costs and severely compressed profits, some orders have had to be canceled. In particular, small and medium-sized exporters have been forced to suspend exports to the U.S., and the entire industry is facing unprecedented pressure.