Yes and no. We also heavily subsidize the same type of industries. The EU subsidizes some industries and forces others to compete in the market place without govt. subsidizies like national airlines. Yet the EU subsidizes airbus - but we also subsidize Boeing (military contracts as one example).
But American examples are few - while the EU has many such contradictions. The EU is a many headed hydra thing of a mutation. So I can see why people simplify it to "Euro-Socialist".
Since when is a purchase a subsidy?