The World Trade Organization needs more time to translate a panel report on Country-of-Origin Labeling expected next month.
The decision on COOL was expected to be released November 27th.
However, the date has been pushed back to allow more time to translate the report into multiple languages.
The WTO’s decision on how much Canada and Mexico can impose in retaliatory tariffs on U.S. goods will be final and not subject to appeal, allowing both countries to implement the tariffs.
Canada is seeking to impose tariffs on more than $3.1 billion per year of U.S. exports while Mexico wants more than $713 million in retaliatory tariffs.
The U.S. estimated the costs related to COOL arbitration at $91 million.
The Canadian Cattlemen’s Association says it is confident that Canada’s calculations will be strongly considered by the arbitrators.”
