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The Spanish food industry is exercising caution in the face of new tariff threats between the US and the EU
Spanish food sector exercises caution amid new tariff threats between the US and the EUPublished by Agencia EFE on January 20, 2026, in collaboration with Carlos FrancoThe potential suspension of the tariff agreement between Brussels and Washington is once again increasing uncertainty in the Spanish agri-food export sector, which is maintaining a cautious stance, despite the fact that Spain is not among the eight European countries targeted by U.S. threats.
Growing uncertainty in the European and Spanish agri-food sector amid new tariff threats between the United States and the European Union, stemming from the political conflict over Greenland. The U.S. president announced progressive tariffs on products from several European countries, although Spain is not among those directly affected. Brussels is initially opting for diplomatic channels but is preparing possible retaliatory measures and has not ruled out freezing the current tariff agreement.
In this context, Spanish agri-food exports to the U.S. have fallen in 2025, particularly for olive oil, wine, and olives, leading the sector to adopt a cautious stance. Industry organizations criticize the use of tariffs as a tool for political pressure and warn of the negative impact on businesses and consumers. Finally, experts warn of indirect effects on Spain through supply chains and a slowdown in investment, although they point to opportunities for more diversified companies.
