undefined | Better HN

0 pointsapi2y ago0 comments

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 or you lose.

0 comments

You can have tax policy that makes up for unfair subsidies or simply block those countries from your market.

apiOP2y 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.

j / k navigate · click thread line to collapse

0 pointsapi2y ago0 comments

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 or you lose.

You can have tax policy that makes up for unfair subsidies or simply block those countries from your market.

apiOP2y 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.

j / k navigate · click thread line to collapse