WTO lets Mexico slap trade sanctions on U.S. in tuna dispute
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.
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