In a small bowl, combine the mayonnaise, ketchup, Dijon mustard, white vinegar, and honey. Mix well until smooth and well combined.

Add the garlic powder and onion powder to the mixture, and season with salt and black pepper to taste.

Stir until all the ingredients are fully incorporated and the dressing is creamy and uniform in texture.

Taste the dressing and adjust the seasoning if needed, adding more salt, pepper, or honey according to your preference.

Transfer the submarine dressing to a sealed container or jar and refrigerate for at least 30 minutes to allow the flavors to meld together.

Serve the submarine dressing alongside your favorite submarine sandwiches, salads, or as a dipping sauce for fries or vegetables.