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export subsidy
noun
A direct or indirect compensation provided by government to private commercial firms to promote exports of domestic products.
Exact(59)
The centerpiece of the bill would abolish a tax break for American exporters, from Boeing and Caterpillar to Microsoft, that the W.T.O. declared an illegal export subsidy.
"It's an across-the-board export subsidy," he says.
Otherwise countries like China enjoy a big export subsidy when trading with righteous, green-minded Europe.
arguing that China's currency policy amounted to an illegal export subsidy.
Europe charges, and the World Trade Organisation agrees, that these constitute an export subsidy.
The FSCs had been considered to be an illegal export subsidy by the World Trade Organisation.
But the EU sees the tax breaks as an illegal export subsidy.
Thanks to their embrace of state capitalism, the line between industrial policy and export subsidy is blurred or non-existent.
The tax breaks have already been found by the World Trade Organization to be an illegal export subsidy.
It cited international trade treaties that categorized any "export contingent" tax break as an unfair and illegal export subsidy.
Similar(1)
Many in Congress, for instance, are itching to dole out more money to American farmers, threatening a re-run of the sort of export-subsidy war waged with the EU in the 1980s.
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