Watch All Shows Victor Davis Hanson Tony Kinnett Daily Signal Signal Sitdown

Watch All Shows Victor Davis Hanson Tony Kinnett Daily Signal Signal Sitdown

Home – American Manufacturing News – Trump Admin Makes New Move to Beef Up American Manufacturing

Trump Admin Makes New Move to Beef Up American Manufacturing

FIRST ON THE DAILY SIGNAL—In an effort to beef up America’s manufacturing and reduce reliance on foreign companies, the Export-Import Bank, a federal credit agency, is unveiling a new loan opportunity for manufacturers.

Specifically, the bank is now “offering lender guarantees of up to 90% on equipment loans and operating leases” to American small and medium-sized manufacturers, a move it says will accelerate “the reindustrialization of America.“

The bank, which was established in 1934, seeks to provide financing for American exporters to give them a competitive advantage. 

The announcement of the initiative comes after the National Security........

© The Daily Signal