Trade Remedies Law (Anti-dumping, Countervailing & Safeguard Measures)

Trade Remedies Law refers to measures that countries use to protect their domestic industries from unfair trade practices. It includes: 1. **Anti-dumping**: Imposed when foreign companies sell products at prices lower than their domestic market, harming local businesses. 2. **Countervailing**: Targets subsidies given to foreign producers that give them an unfair advantage, allowing them to sell cheap goods. 3. **Safeguard Measures**: Temporary restrictions to prevent serious damage to local industries from a sudden spike in imports. These legal tools aim to ensure fair competition and maintain a balanced trading environment.