Unfair Trade Practice

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Unfair Trade Practice

Any trade practice that provides or is thought to provide an inequitable advantage to one party. For example, a country may keep its currency artificially weak so as to make its exports cheaper than the situation warrants.
References in periodicals archive ?
But Trump has frequently lashed out at Chinese and European authorities, accusing them of deliberately weakening their currencies to gain unfair trade advantages -- charges they have denied.
'(In the past), DA has shown no institutional commitment to address unfair trade and smuggling.
The Bill provides for the creation of Central Consumer Protection Authority (CCPA) to promote, protect and enforce the rights of consumers and will also make interventions whenever necessary to prevent the unfair trade practices and initiate class-action including recall, refund and return of products.
The Steel Quality Control Order are implemented in the public interest for protection of human, animal and plant, safety of environment, prevention of unfair trade practices and national security.
The court dismisses without prejudice plaintiffs' claims for a declaratory judgment, unfair trade practices, and reformation.
Under a previous bilateral agreement reached in May 2018, Beijing pledged to buy more US goods and address concerns over China's alleged unfair trade practices.
Draft versions of the communique showed the US wanted strong language against unfair trade practices it accuses China of.
federal court, each against a different dietary supplement company for "unlawfully" using the results from its Reduce-It cardiovascular outcomes study of Vascepa capsules, among other marketing messages, to "falsely and deceptively claim that their omega-3 dietary supplement products are effective for reducing cardiovascular risk." Amarin brought the lawsuits under the federal Lanham Act, which protects commercial interests against unfair trade practices in the United States, and the California Unfair Competition Law, another unfair trade practice statute, the company says.
I see real opportunities for the transatlantic relationship to be a force that curtails Chinese economic aggression and unfair trade practices," Sondland said, citing concerns such as Chinese overproduction, state subsidies and rules requiring foreign companies to share their know-how with Chinese firms.
According to Lighthizer, the increase in the rates should encourage Beijing to change the country's unfair trade.
The US is due on Friday to begin enforcing tariffs on more than $30 billion (25.8 billion euros) in Chinese imports as retribution for what Washington describes as Beijing's theft of US technology and other unfair trade practices.
He claims these unfair trade practices cost American jobs and somehow create a national security risk by weakening producers.