(Lisa Guenther – GrainNews)
Talks aimed at easing or lifting trade barriers for southbound Canadian livestock were more productive Thursday in Mexico City than earlier this week in Washington, according to Canada’s Agriculture Minister Gerry Ritz.
Both nations are currently up against the United States on Washington’s planned changes to its mandatory country-of-origin labelling (COOL) law – and if Canada has to resort to retaliatory tariffs, Ritz now warns they may affect other products apart from northbound U.S. beef and pork. […]
Earlier this week Ritz said annual trade retaliation against the U.S. over COOL could add up to $1 billion. Today he said he saw retaliatory measures going beyond U.S. beef and pork. “It’s hard to put retaliatory measures on your allies in this situation, and the American industry is very much on side with us, as I said. They’re facing as much or more hurt at the end of the day,” said Ritz. Read more here.
Date: April 12, 2013