Trade panel rules in US favor in Mexico GM corn dispute case

WASHINGTON (Reuters) – A trade dispute panel ruled on Friday that Mexico’s restrictions on U.S. genetically modified corn exports violate the U.S.-Mexico-Canada Agreement, handing the Biden administration a major trade victory in its final days.

The U.S. Trade Representative’s office said the panel ruled in favor of all seven U.S. legal claims in the long-running case, finding that Mexico’s restrictions are not based on science and violate the USMCA’s chapters on sanitary and phytosanitary measures and on market access and national treatment.

This post is originally published on INVESTING.

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