COOL retaliation and its impact on the US

The World Trade Organization (WTO) Appellate Body will soon rule on Canada and Mexico’s case against the U.S. on the mandatory Country of Origin Label (COOL) requirement on muscle cuts of beef and pork. This is the fourth and final decision by the WTO, and in the three previous decisions it has ruled against the U.S. COOL law. If the U.S. loses this case, Canada and Mexico have indicated their intention to retaliate on hundreds of U.S. products, ranging from meat and fruit to jewelry, furniture, and biofuels. Pending arbitration, retaliation claimed by Canada and Mexico could be economically devastating. Read more from the House Committee on Agriculture…