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!

The message that “the government, even in these difficult times, guarantees that the national economy is ready to respond to the challenges by implementing the commitments to the citizens with truth and stability as allies and on the path to fiscal stability” was sent by Kyriakos Mitsotakis during his presentation at the meeting of the Government Council for Economic Policy (KYSOP).

Anxiety is intensifying in the Greek export community, following the new tariffs announced last night by Donald Trump, which include 20% on products originating from the EU. Although there was no explicit mention of Greece in the relevant announcements by the American president, the fact remains that targeting the European Union, which he accuses of unfair tariffs on American products, opens the door to problems that Greek products exported to the US will face.