Episode
Why Olive Oil Trade Is the New Geopolitical Flashpoint
- Published
- Jul 17, 2026
- Duration seconds
- 443
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Summary
On this episode of Trade and Tariffs with Fexingo, Lucas and Luna explore how the global olive oil market has become an unexpected battleground in trade geopolitics. With the world's largest producer, Spain, recovering from a historic drought-driven crisis, and US tariffs on European agri-food imports still in place, the olive oil trade is reshaping supply chains from Andalusia to California. We look at how a 25 percent tariff on Spanish olive oil has boosted domestic production in the US but left consumers paying nearly 50 percent more at the grocery store. We also examine how Tunisia and Turkey are stepping in as alternative suppliers, and what this means for the future of food trade wars. A focused case study on how a single commodity — one with deep cultural and economic roots — can become a flashpoint in broader trade conflicts. #OliveOil #TradeWar #Tariffs #Spain #US #Agriculture #Geopolitics #SupplyChain #FoodTrade #EU #Tunisia #Turkey #California #Commodity #Economics #FexingoBusiness #BusinessPodcast #TradeAndTariffs Keep every episode free: buymeacoffee.com/fexingo