Global Trade Alert
Global Trade Alert

United States of America: $14 million in payroll support to Smarte Carte Inc. (Covid-19 related)

Announcement

29 May 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.

 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

29 May 2020

Revocation date:

No revocation date

Financial grant In force

On May 29, 2020 the Department of the Treasury reached an agreement with Smarte Carte Inc. under which the aviation contractor received $14,837,166 in support during the Covid-19 pandemic. Like compar...

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