![The Global Subsidy Race: How the US Industrial Policy is Shaping International Competition The Global Subsidy Race: How the US Industrial Policy is Shaping International Competition](https://cityphiladelphia.com/wp-content/uploads/2023/12/The-Global-Subsidy-Race-How-the-US-Industrial-Policy-is-Shaping-International-Competition-600x400.webp)
The Global Subsidy Race: How the US Industrial Policy is Shaping International Competition
The United States’ Bold Industrial Policy Sparks a Global Subsidy Race The United States has embarked on an ambitious industrial policy, offering tax breaks, grants, and other financial incentives to attract manufacturers of solar panels, semiconductors, and electric vehicles. While the primary goal is to revitalize the domestic market for these crucial products, the ripple…