ITC Finds US Olive Industry Harmed By Spanish Subsidies
Law360, Washington (August 11, 2017, 8:01 PM EDT) -- The U.S. International Trade Commission has determined that domestic olive production has been damaged by government-subsidized ripe olive imports from Spain sold at less than fair value, according to a decision published in the Federal Register on Friday.
The preliminary determination of injury to U.S. producers comes after the Coalition for Fair Trade in Ripe Olives asked the Department of Commerce and ITC to investigate a sharp influx of cheap olives from Spain amid a long-term retraction of U.S. olive processing.
“On the basis of the record developed in the subject investigations, the [ITC] determines, pursuant to the Tariff Act of...
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