Retaliatory Tariffs Will Hurt U.S. Manufacturers – Urge
Senate to Act
is running out for the U.S. Senate to avoid costly retaliation by our two
largest trading partners. If Congress fails to act now, Canada and Mexico could
begin imposing billions of dollars in retaliatory import tariffs on goods
manufactured in the U.S. – as early as August.
retaliatory tariffs have been sanctioned by the World Trade Organization (WTO)
through a final ruling that portions of the U.S. Country of Origin Labeling
(COOL) law violate our international trade obligations.
down to Take Action and send your Senators a message urging them to bring U.S.
COOL laws into compliance so that manufacturers are not harmed by costly
retaliatory import tariffs. Senators need to hear directly from manufacturers
who will be adversely affected so please reach out today.
May 18, the WTO issued a final ruling that the U.S. COOL law for muscle cuts of
meat violates our international trade obligations. This ruling empowers Canada
and Mexico to retaliate and will cost U.S. manufacturers billions in export
sales now and well into the future as we lose vital market share to foreign
competitors not subject to retaliation.
have already felt the impact of this impending retaliation. The mere threat of
retaliation causes these developed markets to adjust to the impending cost
increases of American made goods. The harm that retaliation causes can be
minimized only if Congress acts now.
Click HERE to become a part of the COOL
For more information, visit www.COOLReform.com or contact:
Director, Legal and Regulatory Policy
Director, International Trade Policy