3-9x equivalent US / European subsidies is a big difference. https://www.ifw-kiel.de/publications/foul-play-on-the-scale-...

And subsidies don't only affect the final price of a good: they also provide a company more funding for R&D. To say nothing of forced technology transfers via joint ventures.

The EU also still subsidizes a ton of industries, e.g. agriculture at €40.95 billion https://agriculture.ec.europa.eu/common-agricultural-policy/... (I'd agree that subsidies are needed to support a key sector like agriculture today, but they're still subsidies)