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Puerto Vallarta News NetworkNews Around the Republic of Mexico 

Mexico Halts Bid to Retaliate Against US Meat Rules

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December 21, 2015

The World Trade Organization (WTO) had authorized Canada and Mexico to place tariffs on over $1 billion of American-made goods in retaliation for the country of origin meat labeling laws.

Mexico City - Mexico has halted a bid to impose retaliatory trade measures on the United States over meat labeling rules after U.S. lawmakers repealed them last week, a Mexican government official said.

Mexico had announced earlier this month it would start internal procedures to strip benefits from some U.S. agricultural and industrial imports, including apples, dairy items, alcoholic drinks and personal hygiene products.

The measures would have gone into effect on Dec. 22, the government official said, speaking on condition of anonymity.

The proposed move came after the World Trade Organization (WTO) authorized the retaliation against the United States' meat-labeling rules.

The U.S. Congress on Friday passed a broad 2016 spending package that includes the repeal of the rules in question, in order to avoid more than $1 billion in trade retaliation by Mexico and Canada.

In a statement on Saturday, Dec. 19, Mexico's Economy Ministry said both the Canadian and Mexican governments welcomed the repeal, but did not specifically comment on the proposed retaliatory measures.

Reporting: Ana Isabel Martinez; Writing: Alexandra Alper; Editing: Andrew Bolton
Source: Daily Mail