It seem to me that China choosing to subsidize industry it is not so different than the US choosing to subsidize Roads, Autos and OIL.
In both cases it does seem to work splendidly as intended.
Other than political inertia (or economic reasons far beyond my ability to fathom) there is nothing to stop the US from following suit.
I accept "free market" is a term of art probably from before global trade reality and could be narrowly redefined to mean whatever one wants (or wanted when it was coined) but in my ignorance I see it simply as free to choose actions and responses.
But I am far far away from opinions I am qualified to hold, think I will shut up now.
https://www.oecd.org/en/blogs/2026/06/industrial-subsidies-h...
You cannot buy them because they are dumping them??????
It's the thing that happens when a foreign exporter sells goods in your country below their production cost (or far below what they're charging domestic customers). It's done to fuck up the foreign markets for those goods, or, in China's case, as a relief valve for malinvestment.
China drastically overfunds EV production. There's a whole weird story where provinces apparently competed to get slices of the EV production business, which resulted in a large number of competing firms, producing far more vehicles than the Chinese domestic market could consume.
This isn't just a US thing. Europe tariffs the heck out of these cars.
The US chose their market (arms). The Chinese chose consumer goods. Go figure.
Not saying this is uniformly bad, because without the law the number of businesses with the ability to manufacture this stuff would trend toward zero, but it is a form of subsidy.
Anything the federal government pumps money into tends not to do as well.