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This is the whole purpose of the WTO. Last year India tried to invest on the development of solar energy and was hit by the WTO, as India cannot provide subsidi
by coliveira 10y ago
This is the whole purpose of the WTO. Last year India tried to invest on the development of solar energy and was hit by the WTO, as India cannot provide subsidies to their own companies due to the globalization rules they had to accept. Now India is trying to sue back the USA due to their own national subsidies for solar power. The expected defense of the USA: "our companies are global, yours aren't".
- derefr 10y agoWhy not have a subsidy that applies to companies from any country willing to do X in your country, rather than only companies headquartered in your country?