WTO Lets Mexico Slap Trade Sanctions On U.S. In Tuna Dispute(O.A.N)

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April 25, 2017

By Tom Miles

GENEVA (Reuters) – Mexico can impose annual trade sanctions worth $163.23 million against the United States after winning a dispute over trade in tuna fish, a World Trade Organization arbitrator ruled on Tuesday.

Mexico’s economy ministry said it planned immediate action to initiate the trade sanctions.

However, the ruling could be overturned later this year if a subsequent WTO decision finds the United States has stopped discriminating against tuna caught by its southern neighbor.CONTINUE READING HERE

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