‘Chaos’ looms if olive oil hit with retaliatory tariffs over Airbus dispute, warn US importers

As a 15-year-long dispute between the US and the EU over subsidies paid to European aircraft suppliers comes to a head, importers warn retaliatory tariffs on a host of products from the EU could wreak havoc on the specialty foods market, potentially doubling prices US consumers pay for Italian, Spanish and Greek olive oil.

(full original article by Elaine Watson)

How does this affect Galilee Green?

Actually it doesn’t. Israel is not a member of the EU! So there is no danger of tariffs being imposed on our olive oil packages entering the USA.

How does this affect Galilee Green customers in the USA?

Prices for olive oil in supermarkets and specialty shops in the USA may be going up! However if you are an existing subscriber to ongoing shipments to Galilee Green Olive Oil, your prices will not change.

In fact, we have subscribers who signed up in 2015 who are still paying the same prices from 4 years ago, even though our current prices have gone up!