International Trade Balance Widened in April
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the…
Browsing: International trade
ABA, Groups Commend Policymakers on Phase 1 China Trade Agreement
The American Bankers Association, along with other members of the Engage China Coalition, wrote to Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer today thanking them for their work to include the financial services industry in the recent Phase One trade agreement signed between the U.S. and China.
Trade Groups Call on Congress to Grant Ex-Im Bank Long Term Authorization
ABA and BAFT—the association’s global transaction banking subsidiary—today joined several other trade groups in a letter to members of Congress urging them to support bipartisan legislation granting a 10-year reauthorization to the U.S. Export-Import Bank.
BAFT Releases Updates to Trade Transaction Compliance Guide
BAFT—ABA’s global transaction banking subsidiary—and the Wolfsberg Group and the International Chamber of Commerce today released appendices to their 2017 set of trade finance principles, which address the due diligence required by global and regional financial institutions of all sizes in the financing of international trade.
The Import of Exports
In an uncertain trade policy environment, agricultural lenders and producers prepare for difficult times on the farm.
BAFT Outlines Priorities for Modernizing U.S. Trade Policy
As the Trump administration considers strategies for modernizing U.S. trade policy, BAFT — ABA’s global transaction banking subsidiary — wrote to policymakers outlining several priorities to promote free and fair trade and increase economic growth and job creation.