WTO Details COOL Penalties

Canada, Mexico Granted $1B in Retaliatory Tariffs Against US

Chris Clayton
By  Chris Clayton , DTN Ag Policy Editor
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@ChrisClaytonDTN
Combined, the United States' two largest trading partners are now legally able to hit U.S. goods with more than $1 billion in tariffs if country-of-origin labeling isn't eliminated or drastically changed. (DTN file photo by Katie Micik)
Combined, the United States' two largest trading partners are now legally able to hit U.S. goods with more than $1 billion in tariffs if country-of-origin labeling isn't eliminated or drastically changed. (DTN file photo by Katie Micik)
A WTO arbitration panel on Monday ruled that Canada could impose about $781 million in retaliatory tariffs against the U.S. while Mexico could impose $227.76 million in similar tariffs against the U.S. in retaliation for country-of-origin labeling.

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Chris Clayton

Chris Clayton
About the Author
Connect with Chris:
@ChrisClaytonDTN