Whatever the number is in the west, China has on average ~ 10x the amount of subsidies than the west when it comes to manufacturing.
Policy makers are trying to decide whether it’s too risky to shut down all manufacturing of heavy machine capable industries and hand it over to China.
China obviously does not subsidize $75,000 per car.
European analysis resulted in an 18% offsetting duty, meaning Chinese subsidies are lower than American ones.
No it’s not focused on vehicles, that’s the average subsidy on manufacturing.
According to the treasury dept (and the EU): https://home.treasury.gov/news/press-releases/jy2455
> Whatever the number is in the west
So you don't know what the number is?
> China has on average ~ 10x the amount of subsidies than the west when it comes to manufacturing.
And yet you just randomly decide to 10X it for china?
Typical disingenuous anti-china nonsense. What's next? China spends 10X on defense compared to "the west"?
https://home.treasury.gov/news/press-releases/jy2455