Spain, EU urge ITC to lift duties on olives; U.S industry wants opposite

The European Commission and the government of Spain are urging the U.S. International Trade Commission to remove countervailing and antidumping duties on Spanish olives and resolve a longstanding trade irritant between the two trans-Atlantic trading partners, but domestic producers – and one California lawmaker – argue doing so would leave the industry open to renewed harmful trade practices. During the ITC’s five-year review on Thursday of countervailing and antidumping duties on ripe olives from Spain, trade officials from the Spanish...