Arab Today, arab today canada mexico win wto nod for 1 bn sanctions against us
Last Updated : GMT 12:18:50
Arab Today, arab today
Arab Today, arab today

Canada, Mexico win WTO nod for $1 bn sanctions against US

Arab Today, arab today

Arab Today, arab today Canada, Mexico win WTO nod for $1 bn sanctions against US

Canada and Mexico won WTO approval
Washington - AFP

Canada and Mexico won WTO approval Monday to impose up to $1 billion a year in trade sanctions against the United States over its country-of-origin labeling requirement for beef and pork.

An arbitration panel at the Geneva-based World Trade Organization ruled that the US policy, known by its acronym COOL, was unfair because it puts imported livestock at a disadvantage to domestic livestock.

The panel concluded that Canada and Mexico, partners with the US in the North American Free Trade Agreement, could apply retaliatory tariffs on US goods exports.

Canada, the largest US trade partner, is authorized to impose up to Can$1.05 billion (US$780.3 million) in sanctions annually, while Mexico, the second-largest partner, can levy up to $227.8 million a year in retaliatory tariffs.

COOL requires labeling on meat that states where livestock animals are born, where they are raised, and where they are slaughtered.

The labeling law, popular with US consumers for giving greater transparency to their food purchase, was enshrined in the 2002 Farm Bill. Congress strengthened it in 2013, even as Canada and Mexico were challenging the policy at the WTO.

Ottawa and Mexico City, as well as the US meat industry, have campaigned against COOL as an unfair and costly burden on producers.

"Country of origin labeling harms Canadian and Mexican livestock producers as well as US processors and producers. It (Other OTC: ITGL - news) also disrupts the highly integrated North American meat industry supply chain," the Canadian government said in a statement after the WTO ruling.

"Since 2011, the World Trade Organization has repeatedly ruled that COOL discriminates against Canadian and Mexican cattle and hogs and violates the trade obligations of the United States," it said, reiterating its call for repeal of the law.

The Mexican government said the retaliation would begin "shortly".

Mexico "calls on the US government to eliminate this measure, which, in addition to discriminating against Mexican livestock exports, has severely affected the trade integration of the North American region's market in the production of livestock and meat products," the Mexican economy ministry said.

President Barack Obama's administration moved Monday to defuse the WTO decision, saying it would work with the US Congress on alternatives to the labeling law.

"We are disappointed with this decision and its potential impact on trade among vital North American partners," said Tim Reif, general counsel for the Office of the US Trade Representative, in a statement.

"We will continue to consult with members of Congress as they consider options to replace the current COOL law and additional next steps. In the meantime, if Canada and Mexico take steps to raise import duties on US exports, it will only harm the economies of all three trading partners."

- Interest groups weigh in -

The US Chamber of Commerce said it had sent a letter to all members of Congress urging "a complete repeal" of the COOL rule.

"The stakes are high: Canada and Mexico are by far the largest export markets of the United States. Trade with our two North American neighbors reaches $1.3 trillion annually and supports nearly 14 million US jobs," the Chamber wrote.

Advocacy group Public Citizen, which opposes the recent Trans-Pacific Partnership deal and a pact being negotiated with the European Union, the Transatlantic Trade and Investment Partnership, pointed to the WTO decision as an example of how trade agreements can undermine the public interest.

"Today's ruling makes clear that trade agreements can -- and do -- threaten even the most favored US consumer protections," said Lori Wallach, director of Global Trade Watch at Public Citizen.

"We hope that President Obama stands by his claim that 'no trade agreement is going to force us to change our laws,'" she said.

"But in fact rolling back US consumer and environmental safeguards has been exactly what past presidents have done after previous retrograde trade pact rulings

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today canada mexico win wto nod for 1 bn sanctions against us Arab Today, arab today canada mexico win wto nod for 1 bn sanctions against us

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Hamas leader accuses Israel

GMT 11:43 2017 Tuesday ,28 March

Hamas leader accuses Israel
Arab Today, arab today Media host gives priority to problems of people

GMT 07:00 2017 Tuesday ,28 March

Media host gives priority to problems of people
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today Trump poised to roll back climate protections

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Trump to roll back Obama clean power plan

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan

GMT 09:58 2017 Saturday ,25 March

Nermein Al Fekki films “Foxes in the Valley”

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 06:04 2017 Tuesday ,28 March

Saudi Arabia ranks 3rd globally for smartphone use

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday