One of the challenges COOL has faced, has been issued by Mexico and Canada within the World Trade Organization (WTO). The WTO Agreement, signed by the U.S., requires that members prevent technical barriers to trade. Mexico and Canada have argued before the WTO, that COOL violates the barrier clause and has resulted in a significant loss of exports and money.
The WTO has reportedly just ruled against the United States and COOL and in favor of Mexico and Canada. The United States has 60 days to appeal this decision or thereafter face possible tariffs to remedy Mexico and Canada’s financial loss, if COOL remains in place. Apparently, “label-phobia” is not just a domestic problem suffered by Monsanto and the like, but is also an international problem. After all, money still makes the world go ’round.
Long Island Lawyer
Paul A. Lauto, Esq.