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[pauljoy1548]

A report issued by Cámara València considers that the impact of 25% tariffs on 150 products from Germany, France, the United Kingdom and Spain will have a reduced impact on Valencian exports. The products that will be affected are wine, olives and canned fruits whose exports to the North American market are declining. As of October 18, according to the Trump administration , tariffs worth 6.8 billion euros will be imposed. The list disclosed is provisional, since a meeting will be held on October 14 between the United States, the European Union and the World Trade Organization for the latter to approve the new tariffs. The new protectionist measures of the United States have four clear recipients: Germany, France, the United Kingdom and Spain, which are the owners of Airbus and which provided the illegal aid that gave rise to the verdict of the World Trade Organization (WTO). Thus, on the list, for example, whiskey made in the United Kingdom appears and not that from Ireland, or Spanish oil and not Italian or Greek oil. However, 25% tariffs are also established on products exported by all EU countries.

According to the list published by the United States Trade Office, an additional 25% increase will be applied to the tariffs of the following agri-food products that the Valencian Email Data Community exports to the United States: Valencian exports of agri-food products to the United States affected by the future increase in tariffs amounted to almost 40 million euros in 2018 (with a decline of 17% compared to 2017). In the first seven months of 2019, sales amounted to almost 17.5 million euros, with a decrease of 2.6% compared to 2018, which contrasts with the 22% increase in the total of Valencian agri-food products exported to the US market. in the same period of time. Behavior that has resulted in a loss of weight of these products in the totality of agri-food exports from the Valencian Community to the United States. If compared with the total of exports from the Valencian Community to the USA, the affected items only represent 2% of the total. Exports of onions, almonds, vegetable extracts, confectionery and cuttlefish have grown the most between January and July 2019, and are also the agri-food items with the highest sales volumes.



These items are not affected by the 25% tariffs on the list published by the USA. However, it should be noted that the North American market is of great importance for some of the products exported by the Valencian Community included in the American list. The most notable are preserved fruit, olive oil or cheese. In the case of clochina exports, there was a specific increase in 2019, with the United States becoming the first market (compared to the minimum sales of previous years). The Cámara València report reflects the fear of a possible spiral of trade retaliation if an agreement is not reached on October 14, which will negatively affect international trade, in a global economic context of slowdown. In this sense, the chamber organization considers that the EU must expand free trade agreements, including the review of sanctions against Russia that have affected the Valencian agricultural sector so much, since it constituted its first non-community market.
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