Home > Term: unfair trade suit
unfair trade suit
A type of lawsuit filed by U. S. companies against their foreign counterparts in response to imports at prices being lower than those in the prices in the U. S. market. Sanctions can be imposed by the ITC and the Commerce Department on foreign producers involved in dumping and government subsidization, if domestic manufacturers can prove material injury.
- Part of Speech: noun
- Industry/Domain: Metals
- Category: Steel
- Company: Michelle Applebaum Research
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Creator
- Shugane
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