Trade Remedy Laws
/ˈtreɪd ˈrɛmɪdi lɔːz/
Definitions
- (n.) Statutory measures enacted by governments to protect domestic industries from unfair trade practices such as dumping, subsidies, or import surges.
The company filed a petition under trade remedy laws to counteract the dumping of foreign steel products.
Forms
- trade remedy laws
Related terms
See also
Commentary
Trade remedy laws are critical tools in international trade regulation, balancing free trade with protection against unfair practices; drafters should clearly specify the type of remedy and relevant statutory authority.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.