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How international arbitration could factor in tariff dispute resolution

Published on: 23 April 2025
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Table of contents

  • Overview of the New York Convention
  • The enforcement process
  • Creation of a valid award
  • Enforcement of the arbitral award
  • Challenging enforcement
  • Conclusion

Article summary

Law360: With the Trump administration's emphasis on tariffs, including introducing tariffs against the U.S.' three biggest trading partners and advocating for an External Revenue Service to collect tariffs and other foreign revenue, members of the business world face increasing uncertainties as they assess and renegotiate the cost of doing business and obligations under a changed economic and political landscape, increasing the likelihood of contract disputes.[1]

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