USUS Politics

US Needs to Boost Export Financing to Take on China, Commerce’s Ross Says

Save
US Needs to Boost Export Financing to Take on China, Commerce’s Ross Says
US Secretary of Commerce Wilbur Ross testifies about the fiscal year 2021 budget during a Senate Appropriations subcommittee on Commerce, Justice, Science and Related Agencies hearing on Capitol Hill in Washington on March 5, 2020. SAUL LOEB/AFP via Getty Images
Emel Akan
Updated:

WASHINGTON—The United States needs to strengthen its export credit agency to tackle China’s “ambitions to displace American companies in strategic industries,” Secretary of Commerce Wilbur Ross said on Sept. 10.

Speaking at the virtual annual conference of the U.S. Export-Import Bank (Exim), Ross stressed the importance of the export credit provider in countering the economic and national security challenges from China.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
twitter
Related Topics