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The European Union may sanction the United States for customs duties on Spanish olives

The WTO has given the green light to the European Union, which could demand sanctions from the United States for customs duties that affect Spanish olives.

The World Trade Organization (WTO) announced this Wednesday that the European Union was authorized to demand sanctions from the United States in the conflict between them over US customs duties on imports of Spanish olives.

The European Union can request the WTO Dispute Settlement Body for “authorization to suspend concessions or other obligations for an amount not exceeding $13.64 million per year,” according to the report of the WTO panel examining the case.

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Author: HC with AFP
Source: BFM TV

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