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Mexico Could Seek Hefty Damages Against U.S. Over Meat Laws: Official

Posted November 07, 2014

Under Economic Issues, International Trade Issues

(Reuters)

Mexico would seek "hundreds of millions" of dollars in trade retaliation against the United States if Washington does not change meat labeling laws, a Mexican official said, as Mexico and Canada kept up pressure on the United States to act.

The World Trade Organization ruled last month that the United States had failed to bring its meat labeling regulations fully in line with international fair trading rules after a complaint by its two neighbors. The ruling would be a step toward potential retaliation if packaging laws are not changed. Read more here.