U.S. manufacturers are losing business abroad while foreign companies are surging, jeopardizing American jobs.
Why?
Because Congress hasn’t authorized the Export-Import Bank (Ex-Im) for the long term.
Right now, American companies don’t have the resources to compete.
Unless Congress can agree to renew Ex-Im’s charter by the end of the year, America’s manufacturers will continue losing business overseas. The push to re-authorize Ex-Im is gaining momentum on both sides of the aisle.