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All industry everywhere is government subsidized. Germany has always had auto tariffs, and all of German industry heavily benefited from the long term, very che
by klooney 1y ago
All industry everywhere is government subsidized. Germany has always had auto tariffs, and all of German industry heavily benefited from the long term, very cheap piped natural gas deals with Russia.
America's remaining industries are subsidized or protected with significant non trade barriers- medicine, rockets, agriculture, light truck manufacturering, financial services.
Software services are the one industry that mostly seems to stand on its own two feet, but there was a ton of nurturing of that in the past, as well as onerous export controls on cryptography.