(Washington, D.C.) The Grocery Manufacturers Association (GMA) today issued the following statement from Denzel McGuire, GMA’s Executive Vice President for Government Affairs, in response to passage by the U.S. House of Representatives of H.R. 2393, the Country of Origin Labeling (COOL) Amendments Act of 2015.
“We applaud the House for passing this critically important legislation that will make the U.S. COOL rules for muscle cuts of beef and pork compliant with the World Trade Organization (WTO) requirements. We especially want to commend the bipartisan leadership of the bill’s sponsors, House Agriculture Committee Chairman Mike Conaway (R-TX) and Rep. Jim Costa (D-CA). Without these changes to U.S. COOL rules, U.S. food and agricultural sectors could face financial losses in the billions when Mexico and Canada impose WTO authorized retaliatory tariffs as early as this summer.
“The financial impact of these tariffs will be felt even before they are implemented because the targets of these retaliatory tariffs will begin to experience a substantial drop in export sales almost immediately due to supply chain disruptions. A wide array of product categories will be impacted by these tariffs.
“We strongly urge the Senate to pass this bill as soon as possible.”
Based in Washington, D.C., the Grocery Manufacturers Association is the voice of more than 300 leading food, beverage and consumer product companies that sustain and enhance the quality of life for hundreds of millions of people in the United States and around the globe.
Founded in 1908, GMA is an active, vocal advocate for its member companies and a trusted source of information about the industry and the products consumers rely on and enjoy every day. The association and its member companies are committed to meeting the needs of consumers through product innovation, responsible business practices and effective public policy solutions developed through a genuine partnership with policymakers and other stakeholders.
In keeping with its founding principles, GMA helps its members produce safe products through a strong and ongoing commitment to scientific research, testing and evaluation and to providing consumers with the products, tools and information they need to achieve a healthy diet and an active lifestyle. The food, beverage and consumer packaged goods industry in the United States generates sales of $2.1 trillion annually, employs 14 million workers and contributes $1 trillion in added value to the economy every year.