In a final ruling over Country of Origin Labelling (COOL), the World Trade Organization (WTO) announced Monday that Canada and Mexico will be allowed to impose $1 billion in tariffs on U.S. products.

Earlier this year, the WTO ruled that mandatory COOL laws violated international trade commitments, as these requirements put Canadian and Mexican products at a disadvantage to American meat.

Canadian Cattlemen's Association president Dave Solverson says he thinks the tariff number could've been higher, but is happy with the outcome.

"It's a large enough number to get their attention," he says, "we still are using these retaliation tariffs as just an impetus to get action for repeal. We don't want to go to tariffs, we want legislation to repeal it."

But the window of time for the U.S. to do so may not be very big.

"Apparently there is just one more little hearing," says Solverson shortly after arriving in Washington, D.C. on Monday afternoon. "I think we are in a position to impose tariffs within a couple of weeks — like before the end of the year."

Solverson says thinks if the U.S. does not repeal COOL legislation and Canada does go forward on retaliatory tariffs, it would put more stress on the trade relationship. He says their goal is for the U.S. to get rid of mandatory COOL so things can go back to business as usual.