Tuesday, May 19, 2015

Canada To Slap Retaliatory Measures Against US After WTO Upheld Its Case On Meat Labeling Discrimination

The defeat of the U.S at the World Trade Organization on 18 May over the discriminatory labeling compliant moved by Canada has reinforced the threat of retaliatory trade measures from Canada. Canada is America's largest trade partner. Victory in the labellnng case went to both Canada and Mexico that hinged around a dispute related to a U.S. regulation that required certain product labels to include an item's country of origin. The U.S enforced this rule in 2009. The WTO verdict is final and there is no scope for appeal. It is final "without the possibility of further appeal," said Ed Fast, Canada's minister of international trade. "Our governments will be seeking authorisation from the WTO to take retaliatory measures against U.S. exports," a joint statement from the Mexican and Canadian ministers for trade and agriculture said, reports AFP...more

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