12/7/2015 The Globe and Mail
Canada and Mexico may impose tariffs onto U.S.-traded products worth about $1-billion (U.S.), a World Trade Organization panel ruled on Monday, as the countries prepared to retaliate over the United States’ meat-labelling rules.
A WTO arbitration panel set the annual level of retaliation at $1.055-billion (Canadian) for Canada and $228-million (U.S.) for Mexico, considerably less than the $3.068-billion (Canadian) and $713-million (U.S.) the two countries had asked for.
The dispute stems from a 2009 U.S. requirement that retail outlets use labels in the United States to give consumers more information about the origin of their food.
Canada and Mexico have argued that U.S. rules, known as COOL (country of origin labelling), led to fewer of their cattle and pigs being slaughtered and processed in the United States, costing farmers’ income.