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Global Trade Alert

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United States of America (New York): Government provides several forms of state aid to GlobalFoundries

Description

On 19 February 2024, the government of the state of New York announced USD 15 million to finance the "workforce development activities" to support GlobalFoundries' semiconductor manufacturing facility...

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Intervention Details

Intervention Type

In-kind grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Feb 2024

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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