Global Trade Alert
Global Trade Alert

United States of America: $37.5 million in payroll support to AGI-CFI Holdings Inc. (COVID-19 related)

Announcement

26 Jun 2020

This support to the aviation sector stems from the Coronavirus Aid, Relief and Economic Security Act (CARES Act) that President Trump signed into law on March 27, 2020.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Jun 2020

Revocation date:

No revocation date

Updated: 26 Jun 2020
Financial grant In force

On June 26, 2020 the Department of the Treasury reached an agreement with AGI-CFI Holdings Inc. under which the aviation contractor received $37,500,000 in support during the COVID-19 pandemic. Lik...

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