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The U.S. just lost a trade battle with Mexico. It’s the first loss of the Trump era.

Mexico and the U.S. have fought for years over tuna. The U.S. insists that any Mexican tuna sold in the U.S. must be “dolphin safe,” meaning dolphins weren’t killed by tuna fisherman, which was once common. Mexico says its fisherman play by the rules. The U.S. government disagrees.

 On Tuesday, the World Trade Organization ruled in Mexico’s favor, allowing it to impose trade sanctions worth $163 million a year against the U.S. The WTO says that’s how much money Mexico has lost from the U.S. unfairly penalizing Mexican tuna.

U.S. officials criticized the ruling.

“We are disappointed in the WTO Arbitrator’s decision regarding U.S. dolphin-safe labeling standards,” a spokesperson for the U.S. Trade Representative, a wing of the executive branch, said in a statement.

The Trump administration argues that the WTO ruling didn’t take into account updated US laws on “dolphin safe” tuna, and that it overstated the actual financial loss to Mexican tuna producers, who the USTR accused of intentionally chasing and netting dolphins.

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Click link below for article and video:

http://money.cnn.com/2017/04/25/news/economy/mexico-us-wto-tuna/index.html

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