This summer saw a meltdown of the trade diplomacy between the EU, China and the US over trade defence. One particular contagious topic was state subsidies - and the use of countervailing duties against them. The debate led to a very public display of discord amongst the EU leadership, while the never-ending spat over subsidies to Airbus and Boeing turned into a transatlantic soap opera.
Several emerging technology sectors have been drawn into these recent trade disputes – including solar panels, network equipment, automobiles and civil aircraft. As the fog of rumours about investigations, retaliations and photo opportunities are beginning to clear, we look back on what actually happened, and how anti-subsidies became the most contentious of all trade disciplines.
ECIPE invites you to a briefing by Hosuk Lee-Makiyama on the subsidy wars and the forthcoming showdown – a seminar guaranteed to raise more questions than answers.
A sandwich lunch will be served.