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That's illegal how? If the US Government, for example, has subsidies for chip production that makes exporting silicon cheaper is that illegal too?
by winrid 2y ago
That's illegal how? If the US Government, for example, has subsidies for chip production that makes exporting silicon cheaper is that illegal too?
- klooney 2y agoWell, you know, they have an effective industrial policy, so it must be illegal.
- yorwba 2y agoI wouldn't call it "illegal", but international trade agreements define situations in which it is permissible to counter subsidies with retaliatory tariffs. The EU has retaliated against the US's subsidies for Boeing before, although those tariffs are currently suspended. Tariffs to counter chip subsidies would likely be permissible as well.