National Cattle Feeders’ Association Welcomes WTO Arbitration Ruling on COOL
December 8, 2015 | News Article
Our patience is exhausted. There is no further negotiation to be done and no compromise is acceptable. Canadian livestock producers and meat processors expect the U.S. to do nothing less than repeal COOL or face the immediate imposition of retaliatory tariffs on U.S. goods to the same extent as the damage we have endured. The arbitrators have determined that Canadian livestock producers have suffered annual damages in the amount of $1.055 billion CAD. We applaud the Governments of Canada and Mexico for their persistence in moving the lengthy WTO process to this final point. We will continue to support them as they move forward with the imposition of tariffs on a combined $1.01 billion USD of imports from the United States.