[api]

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.

[newsclues]

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

[api]

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.