Imagine a marathon where one runner 🏃♂️ gets a head start with energy boosts, then yells at others for using the same strategy. That’s essentially what’s happening in the global subsidy race, where the US is accusing others of practices it’s mastered for decades.
From 1995 to 2023, the US poured $522.7 billion into agriculture subsidies alone – enough to buy every American a lifetime supply of avocado toast 🥑. Add renewable energy, semiconductors, and chip sectors to the mix, and the scale becomes staggering. Yet, Washington frequently slams other nations for supporting their industries. Former Chinese vice finance minister Zhu Guangyao put it bluntly: \"The US has the largest subsidy programs worldwide.\"
This hypocrisy is raising eyebrows globally. Why the double standard? Is it about fair competition… or maintaining dominance? 🤔 Critics argue the real issue isn’t subsidies themselves – it’s who’s holding the checkbook. With economic tensions rising, this debate could reshape global trade rules. Stay tuned!
