- The food and beverage industry warns that 5,000 jobs would be lost and demands “forceful” measures
- They request that work be started jointly with the sectors in a concrete plan for the compensation of this “unfair measure”
The food and beverage industry and representatives of the primary sector have constituted a platform to reject the imposition of tariffs in the United States on their products in retaliation for the conflict against Airbus in the framework of the WTO and require both the Government of Spain and the European Union “maximum involvement and firmness” in the face of this threat to one of the most dynamic sectors of the Spanish economy such as agrifood, as reported in a statement.
Specifically, the affected sectors such as oil, wine or pigs, among others, have allied themselves to demand solutions to a scenario that threatens to “seriously damage” the solvency of this strategic market and that could lead to the loss of more than 5,000 jobs in Spain.
In this way, Fab, Asoliva, Asemesa, Anice, FEBE, Fenil, FEV, Fenaval, Asozumos, Cooperativa Agro-Alimentarias, Asaja, Coag, and UPA are present on this platform and agree that the decision adopted by the Trump Administration, which enters into force this Friday, responds to an “unfair and harmful measure.”
The Spanish agribusiness sector claims to increase negotiating pressure until the last moment, both in the direct relations of the Spanish Executive with the United States and by the European Union, to reach an agreement that avoids the application of tariffs or at least their “freezing”.
“We do not want to be a currency in a foreign dispute. The intervention at the highest level of the Government, the European Commission and allied countries is essential to avoid an open trade war that will be harmful in all directions,” they point out from the platform.
They demand concrete and forceful measures
In any case, from the Spanish agri-food sector, the European Union is also required to adopt “concrete and forceful measures” and recalls that the threat of the Trump Administration can be tackled by imposing fees on US products.
“Brussels has the approval of the World Trade Organization (WTO) to impose fees on US products worth 4 billion dollars,” they recalled.
In addition, the agri-food platform considers it “necessary” to start working jointly with the sectors in a concrete plan for compensation to those affected that can mitigate the negative effect that tariffs will cause.
“These measures should be effective from October 19, one day after the date that tariffs are expected to enter into force until an agreed solution is reached. In addition, in the case of olive olives Black compensation measures should include the damage suffered since November 28, 2017, “they stressed.
Spain exported 1,843.47 million euros last year to the United States and the North American country is the first destination market for food and beverage exports after the European Union.
Tariff measures jeopardize sales to this country of the eight most affected sectors – olive oil, wine, olives, cheeses, and other dairy products, pig products, juices, spirits, molluscs and prepared or preserved fruits – and could be assumed the loss of more than 5,000 jobs in Spain.