04 august 2020

We need the Export-Import Bank to help take on China


The U.S. needs to encourage the supply of more exports and trade to other countries, particularly in the face of predatory economic behavior by China. While trade deals are what commonly make headlines, the Export-Import Bank (EXIM), the official U.S. export credit agency, plays a significant role in enhancing trade between U.S. exporters and foreign buyers — particularly those in developing countries with uncertain markets. An export credit agency (ECA) is an institution that provides [...]