Canada Threatens US With Tariffs
Tue Apr 9, 2013 05:19 PM CDT

OTTAWA (Dow Jones) -- Canada is prepared to impose punitive tariffs worth about 1 billion Canadian dollars ($984 million) a year on U.S. goods if it doesn't meet a May deadline to comply with a World Trade Organization ruling on meat-labeling, Canadian Agriculture Minister Gerry Ritz said Tuesday.

That amount is the annual cost to Canada's beef and pork industry since the U.S. imposed mandatory country of origin labeling (COOL) requirements in 2008, Mr. Ritz said in a conference call with reporters from Washington, D.C.

The WTO in 2011 found that the labeling law violated trade rules. The U.S. launched ...

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