Trade & Manufacturing - June 2014


In This Issue:

- Debate Swirls As Deadline Approaches For Export-Import Bank Reauthorization

- House Approves Bill to Make R&D Tax Credit Permanent

- China Issues New Policy to Boost Foreign Trade

- U.S. Trade Representative Recognizes Export Success Of Atlas Devices

- Electrical Steel Investigations Advance

- News Of Note:

•State Department Increases Emphasis On International Commerce

•USTR Issues Special 301 Report On Intellectual Property Rights

•Rhonda Schmidtlein Sworn In As ITC Commissioner

- Excerpt from Debate Swirls As Deadline Approaches For Export-Import Bank Reauthorization:

Opponents, primarily conservative Republicans, are challenging the potential reauthorization of the Export-Import Bank of the United States (Ex-Im Bank). Chairman Jeb Hensarling (R-TX) of the House Financial Services Committee used a speech at the Heritage Foundation on May 20 to argue against re-authorization of the Ex-Im Bank, calling it "corporate cronyism" and describing it as an element of the "Washington insider economy." Hensarling's committee has jurisdiction over the Ex-Im Bank, and the Bank's charter will expire if it is not renewed by September 30.

Please see full issue below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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