COOL retaliation imminent

COOL retaliation imminent

Pork Network

Time is running out to avoid retaliation by Canada and Mexico in Country of Origin Labeling (COOL) disputes. The U.S. objected to Canada’s request for nearly $2.5 billion in retaliatory tariffs stemming from the recent World Trade Organization (WTO) ruling on COOL for meat. During a June 17 meeting of the WTO Dispute Settlement Body (DSB), the U.S. referred the issue to arbitration, which delays —by at least another 60 days—Canada and Mexico’s ability to seek sanctions for retaliatory trade measures.

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