The Export-Import Bank Doesn't Make America Great
Having launched tariff battles against China and other "unfair traders," the Trump administration is now trying to revive trade subsidies for them. Both moves will damage the U.S. economy, unless Congress intervenes. The trade subsidies at issue are financial instruments that the U.S. Export-Import Bank provides to a select group of foreign companies and governments to subsidize their purchases of U.S. exports. China, Mexico and Canada ranked among the biggest beneficiaries in previous years.
Source: heritage.org
