3 ms·

It's true globally too. China heavily subsidizes their industrial base as do many other countries. When everyone else is subsidizing you have to subsidize too

• newsclues 3y ago
  You can have tax policy that makes up for unfair subsidies or simply block those countries from your market.
  • api 3y ago
    The first is a subsidy by another name. The second has a lot of knock-on effects unless you own the whole supply chain, and nobody does anymore.