Greece continues to hold a powerful position in the global olive oil market, yet still falls short of capitalizing on its full potential, according to a new study released by the Office of Economic and Commercial Affairs of the Greek Embassy in Rome.

Greek producers of table olives and packaged olive oil are on alert following a recent U.S. decision to impose a 20% tariff on all imports from the European Union, a move that threatens a key export market for the country’s agrifood sector.

Tariffs are a weapon and a tool for exercising policy, and in this capacity, US President Donald Trump's move to impose a tariff of only 10% on products from Turkey and Egypt significantly changes the terms of a "silent war" that has been waged in recent years on American soil. And this concerns the shares in two product categories that Greece has been trying to "build" a better presence in recent years, olives and olive oil. Hence the obvious concern of people throughout the supply chain about the developments during a conference organized yesterday by the company Soybean Mills for the edible oil markets!