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BBCNEWS Talking Business June 4, 2024 01:42:00

Filters and the government at the moment to try and stop these transgressions but, the end of the day, this is a subsidy race and china obviously is ahead of the game and the real problem is that a subsidy race is really a trade war and we know what happens when there are trade wars, what happened just before the second world war and we also know that poor countries can t play this game. this is a rich country race, so are you actually exacerbating global inequalities. interesting that you mention this is a developed world issue. where does all of this leave the developing world? those not able to offer subsidies to business? those without subsidies are left out of this game and theyjust have to hope that they can afford to import these goods and they might not be the cheapest and they might not be the most green of what we would like the world to be pursuing. for those countries it is kind of like india and indonesia. ....

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BBCNEWS Talking Business June 4, 2024 13:42:00

Interesting too that you mention this is an industrialisesd, developed world issue. where does all of this leave the developing world? those not able to offer subsidies to business? those without subsidies are left out of this game and theyjust have to hope that they can afford to import these goods and they might not be the cheapest and they might not be the most green of what we would like the world to be pursuing. for those countries it is kind of like india and indonesia. they look to see how the us is flouting international rules and they think, well, were just going to have to play the same game. do you fight fire with fire or do you have the moral high ground? well, when you have domestic pressures at home such as unemployment and poverty, then sometimes it is easier politically to justjoin the subsidy game and that is not the most ....

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BBCNEWS Talking Business June 4, 2024 15:43:00

All of this leave the developing world? there is not of subsidies to business. .,, ., world? there is not of subsidies to business. ., , , , , business. those without subsidies are left out business. those without subsidies are left out of business. those without subsidies are left out of this business. those without subsidies are left out of this game - business. those without subsidies are left out of this game and - business. those without subsidies are left out of this game and they| are left out of this game and they just have to hope that they can afford to import these goods and they might not be the cheapest and they might not be the cheapest and they might not be the most green of what we would like the world to be pursuing. forthose what we would like the world to be pursuing. for those countries it is kind of like india and indonesia. they look to see how the us is flouting international rules and they think, well were just going to have to play the same game. do you fi ....

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BBCNEWS Talking Business June 4, 2024 22:42:00

International trade rules under the wto but theere are no filters in the government at the moment to try and stop these transgressions but, the end of the day, this is a subsidy race and china obviously is ahead of the game and the real problem is that a subsidy raise is really a trade war and we know what happens when there are trade wars, what happened just before the second world war and we also know that poor countries can t play this game. this is a rich country race, you actually exacerbating global inequalities. interesting that you mention this is a developed world issue. where does all of this leave the developing world? those without subsidies are left out of this game and theyjust have to hope that they can afford to import these goods and they might not be the cheapest and they might not be the most green of what we would like the world to be pursuing. for those countries it is kind of like india and indonesia. they look to see how the us ....

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