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US COOL: WTO authorized Canada and Mexico to impose retaliatory tariffs

Canada will be able to retaliate in the amount of C$1.054 billion, while Mexico will be able to retaliate in the amount of US$227.7 million, once final WTO authorization is obtained.

Thursday 10 December 2015 (2 years 11 months 3 days ago)
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The Honourable Chrystia Freeland, Minister of International Trade, and the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, jointly with Ildefonso Guajardo Villarreal, Mexico’s Secretary of Economy, issued the following statement on the United States’ Country of Origin Labelling (COOL) policy:

“On December 7, the World Trade Organization [WTO] Arbitrator released its report on the economic harm caused to Canada and Mexico by the U.S. COOL policy.

“Since 2011, the WTO has repeatedly ruled that U.S. COOL requirements for beef and pork are discriminatory and are in violation of the United States’ international trade obligations.

“Canada will be able to retaliate in the amount of C$1.054 billion, while Mexico will be able to retaliate in the amount of US$227.7 million, once final WTO authorization is obtained.

“Canada and Mexico recognize that the U.S. House of Representatives repealed COOL for beef and pork last June, and we renew our call on the U.S. Senate to quickly do the same in order to avoid retaliation against U.S. exports.”

Wednesday December 9, 2015/ Government of Canada. Canada.
http://news.gc.ca

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