Canada, Mexico ask $3.7 billion in retaliation for U.S. label law
Canada and Mexico said they will ask the WTO approval for $3.7 billion in retaliatory tariffs on U.S. agricultural and manufactured goods in their latest response to a U.S. meat-labeling law. "The only way for the United States to avoid billions in immediate retaliation is to repeal COOL," said Agriculture Minister Gerry Ritz of Canada, referring to the country-of-origin labeling law. The U.S. House could vote as early as next week on a bill to repeal COOL for beef, pork and chicken, the three most widely consumed meats.