Saturday, December 15, 2012

China subsidy vs US subsidy


The US government complained to ITO and imposed tariffs on Chinese products imported to the US.

The US federal government offers various subsidies, including farm subsidies for goods end up getting exported. Also, various state,county and city governments provide various subsidies like tax holidays, free land to attract large companies to relocate to their region.

Don't understand the logic - other than calling it double standard.

Blog Archive