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Comment: Arbitration fallback for EU-US tariffs dispute moves talks into novel territory

By Joanna Sopinska ( November 11, 2021, 13:54 GMT | Comment) -- When Brussels and Washington agreed last month to put their World Trade Organization disputes over Trump-era metals tariffs on ice, the two sides agree to leave the door open for them to crank back up again in 2024 if no final settlement is reached by then. That was possible because the agreement moves the conflict into the barely charted territory of arbitration, a rarely used mechanism that doesn’t provide for an appeal process but can allow for long periods of suspension.When Brussels and Washington agreed last month to put their World Trade Organization disputes over Trump-era metals tariffs on ice, the two sides agree to leave the door open for them to crank back up again in 2024 if no final settlement is reached by then....

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