Olive oil prices may spike as US tariff deadline nears: Deoleo
Deoleo, the world's top olive oil producer, warned that Trump's proposed EU tariffs could hike US prices, with 95% of domestic supply imported. With few US olive farms, reliance on Spain and EU remained high. Conagra also flagged price hikes. Talks continue ahead of the August 1 deadline, while EU hinted at countermeasures if negotiations fail.