The Canadian livestock industry appears pretty satisfied with the WTO's ruling on COOL retaliatory tariffs.
The WTO arbitration has ruled Canada and Mexico can impose tariffs of about 1 point 01 billion dollars, U-S, per year.
A joint statement from the Canadian Cattlemen's Association, Canadian Pork Council, National Cattle Feeder's Association and Canadian Meat Council points out the arbitrators found the labelling rules caused this country's livestock producers over a billion dollars a year in damages.
The statement goes on to say the Canadian industry expects the U-S to repeal COOL or face immediate imposition of those retaliatory tariffs on American goods.
A joint statement from federal Agriculture Minister Lawrence MacAuley and Trade Minister Chrystia Freeland calls for the same thing - the immediate repeal of COOL for beef and pork.
The statement says the labelling rules hurt Canadian and Mexican livestock producers as well as U-S processors and producers.
And it argues the rules disrupt the highly-integrated North American meat industry supply chain.
