Trade remedies
Trade remedies: usually refers to anti-dumping measures, countervailing duties and safeguards to deal with the effects of trade actions by others. In the United States it is also a term for a measure applied under a trade law to deal with the effects of perceived unfair trade practices by other countries or injuries caused by rapidly increasing imports. The selection of the available trade remedy depends on the section of the trade law applicable to each case. It can include tariff increases, import quotas, countervailing measures, retaliation, etc. See also Section 201, Section 301, Special 301 and Super 301.
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
Web site to visit: http://ctrc.sice.oas.org
Author of the text: W. Goode
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