Global Trade Alert
Global Trade Alert

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United States of America: Subsidies and other trade-related provisions in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)

Description

On March 27, 2020, a $500 billion fund was created following the signing into law of bill (H.R.748) commonly known as the third coronavirus stimulus bill. Under the fund, $471 billion have been alloca...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Mar 2020

Revocation date

31 Dec 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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