U.S. lawmakers say tariffs on EU olive oil pit Trump trade policy against demand
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WASHINGTON (Reuters) - U.S. lawmakers on Wednesday urged the U.S. Trade Representative's Office not to impose new import tariffs on European olive oil, warning they could lead to an olive oil shortage and higher prices in the United States. European olive oil could face 100% tariffs as Washington prepares retaliatory tariffs against the European Union, part of the 15-year-long dispute over subsidies to planemakers Boeing and Airbus that has pitted the United States and EU against each other..