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Essay Details:
Essay text:
Given
a huge level of commercial interactions, trade
tensions and disputes are not unexpected. In
the past, U.S.-EU trade relations have
witnessed periodic episodes of rising trade
tensions and even threats of a trade war, only
to be followed by successful efforts at dispute
settlement. This ebb and flow of trade tensions
has occurred again last year and this year with
high-profile disputes involving steel, tax
breaks for U.S. exporters, and the EU ban on
approvals of GMO products. Resolution of
U.S.-EU trade disputes has become increasingly
difficult in recent years. Part of the
problem may be due to the fact that the U...
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