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US tariffs to hit olive oil from Spain but not other EU producers

Spanish olive oil is among the European goods that will be slapped with a 25% US tariff as of Oct. 18, but olive oil imported from other European countries will not be affected. "This type of tariff kicks you out of the market, and there is no alternative to the American market," said Mauricio García de Quevedo, director of the Spanish Federation of Food and Beverage Industries.

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