GENEVA: Mexico can impose annual trade sanctions worth US$163.23mil (RM713.09mil) against the United States after winning a dispute over trade in tuna fish, a World Trade Organisation arbitrator ruled on Tuesday.
Mexico had complained to the world body about US tuna labelling rules that it said unfairly penalised its fishing industry, and had asked for retaliatory sanctions of US$472.3mil (RM2.06bil), which it planned to impose on imports of US high-fructose corn syrup. - Reuters
