Trade Dispute Resolution

Trade Dispute Resolution refers to the methods used to resolve disagreements between countries or businesses regarding trade practices. When one party believes another has violated trade rules—such as tariffs, quotas, or unfair practices—there are processes in place to address these issues. These methods can include negotiations, mediation, or arbitration, which are less formal than court proceedings. Organizations like the World Trade Organization (WTO) help facilitate these resolutions, ensuring that trade remains fair and predictable. Ultimately, the goal is to maintain healthy trading relationships and prevent escalating conflicts.