The Spanish olive oil makers, faced with difficulties caused by the U.S. tariffs, are seeking new markets to sustain their business. Spain is a global leading producer and exporter of olive oil, with the United States as one of its key markets. Olive products from a producer in the Madrid Community are sold across the world, including the U.S. market. Following the sweeping tariffs imposed by the United States, Felix Exposito, a local olive grower, voiced concerns about the negative effects of U.S. tariffs, saying that it will increase olive production cost and cut their market share. "In other words, the tariffs that Trump is putting on us are very detrimental, because the first thing it is going to do to us is that it is going to make us farmers to increase the cost of olive production and that is not good for us. And another fundamental thing is that it will make us get off in the olive oil market," said Exposito. Due to rising costs and shrinking profits, some olive companies have to cancel orders. Small and medium-sized exporters are forced to halt exports to the United States. "Many companies that export oil to the United States are looking to see if something happens," said Exposito. Exposito also said that the sweeping U.S. tariffs bring uncertainty to Spain's olive oil industry, adding that almost all Spanish olive oil producers face the same predicament. To mitigate the impact, Spanish olive oil producers are pivoting towards alternative markets beyond the United States. SHOTLIST: Madrid Community, Spain - April 17, 2025 1. Olive orchard; 2. Various Felix Exposito, olive grower, checking on olive growth; 3. SOUNDBITE (Spanish) Felix Exposito, olive grower: "In other words, the tariffs that Trump is putting on us are very detrimental, because the first thing it is going to do to us is that it is going to make us farmers to increase the cost of olive production and that is not good for us. And another fundamental thing is that it will make us get off in the olive oil market."; 4. Various of olive oil factory; 5. Various of Exposito working in factory; bottles on production; 6. Various of worker checking on olive oil bottles, putting them into carton; 7. SOUNDBITE (Spanish) Felix Exposito, olive grower: "Many companies that export oil to the United States are looking to see if something happens."; 8. Olive oil package; 9. Olive oil for sale. [Restrictions: No access Chinese mainland]