Deepanshu Verma, B.A., LL.B.(Hons.), National Law University, Jodhpur
ABSTRACT
This article discusses the use of anti-dumping and countervailing duties as remedies for unfair trade practices in international trade, which are sometimes referred to as "double remedies." The article explains the legal requirements for imposing these measures and discusses the pros and cons of using them in international trade. While these measures can protect domestic industries, promote fair trade, and reduce trade tensions, they can also lead to retaliation, inefficiencies, discrimination, complexity, and legal challenges. A case study of the dispute between the European Union and the United States over subsidies to the aerospace companies Airbus and Boeing is presented to illustrate the use of these remedies. The article emphasizes the importance of ensuring that the legal requirements for imposing these measures are met and that the procedures for imposing them are transparent, non-discriminatory, and consistent with the principles of due process and fair treatment.
Keywords: General Agreement on Tariffs and Trade (GATT), anti-dumping duties, countervailing duties, double remedies, unfair trade practices, international trade, protectionism, WTO, subsidies, legal requirements, trade disputes, retaliation, discrimination, complexity, legal challenges, case study.
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