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Global Trade Alert

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United States of America (State of Michigan): Funding for Ford’s investment in Michigan

Description

On 2 June 2022, the Michigan Strategic Fund (MSF) approved a property tax exemption worth 34.4 million for Ford Motor Company to support the company's investment in traditional and electric vehicle pr...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Jun 2022

Revocation date

No revocation date

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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