Mexico Advances Plan to Hike Import Duties on U.S. Goods
Mexico has asked the World Trade Organization to consider at the May 22 meeting of its Dispute Settlement Body a request to impose retaliatory sanctions against the U.S. in a long-running dispute over dolphin-safe tuna labeling. Mexico said it plans to increase import tariffs on goods from the U.S. but did not specify which products might be affected, information that will be provided “at the earliest possible date.”
In late April the WTO set $163.23 million as the amount of annual trade sanctions Mexico may impose against the U.S. for its failure to bring its dolphin-safe tuna labeling rules into compliance with its WTO obligations. However, the U.S. revised those rules in March 2016 and a separate WTO panel is currently examining the sufficiency of those changes. If the panel finds in favor of the U.S., Mexico would have to cease any retaliatory sanctions it may implement between now and then.