• kersplooshA
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    2 days ago

    I’m just trying to shitpost in a meme community here. Though, if we want to split hairs, “subsidies” can include government contracts to purchase goods and services:

    A subsidy has a very particular meaning under the Subsidies Agreement and U.S. law (Title VII of the Tariff Act of 1930). A subsidy is defined as a “financial contribution” by a government which provides a benefit. The forms that a subsidy can take include:

    • a direct transfer of funds (e.g., a grant, loan, or infusion of equity);
    • a potential transfer of funds or liabilities (e.g., a loan guarantee);
    • foregone government revenue (e.g., a tax credit); or
    • the purchase of goods, or the provision of goods or services (other than general infrastructure).

    https://www.trade.gov/trade-guide-wto-subsidies