What will be an ideal response?
Countervailing duties are granted in response to foreign subsidies.
Anti-dumping duties are granted in response to imports being sold at “unfair” prices or dumping.
Escape clause relief is granted as a temporary protection against a sudden surge in imports.
Section 301 retaliation is used to unilaterally punish a nation for “unfair” trade.
Generally, tariffs are imposed if a firm is successful in its appeal for subsidies, dumping, or escape clause relief. Section 301 is likely to be a broader response to a country’s practices. Anti-dumping duties are the most common today.