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Let's Get Wonky

The Trade Guys

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The Commerce Department's Proposal to Expand Subsidies to Other Countries

The Commerce Department has proposed a rule that will permit them to look at subsidies. The reason is primarily China's Belt and Road Initiative, where China is financing the construction of all kinds of things in other parts of the world with subsidized loans. "We ought to be able to accept those rules on our exports into their markets," he says.

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