US retailers look to consumers to save an industrial sector in the doldrums
US consumers are expected to step into the breach again to generate higher volumes of ...
© Ognjen Stevanovic
By Alex Lennane
Ex-Im Bank could be back on track to start approving financial transactions worth more than $10m, after Donald Trump finally announced three more board nominations. Ex-Im has been unable to approve large deals since it has not had a full quorum of five board members, leaving US exporters less able to compete. Sometimes called ‘Boeing Bank’, its status has foundered recently as politicians have argued over its purpose. In April, Scott Garrett , who has argued for the closure of the bank, was appointed to be its next president. American Shipper has the story.
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