Latest News

November 20, 2019
House passes Ex-Im Bank Reauthorization Bill
On Nov. 15, the House passed—along party lines—legislation to reauthorize and revamp the Export-Import Bank’s (Ex-Im’s) operations for ten years. The bill, H.R. 4863, the United States Export Finance Agency Act of 2019, passed by a vote of 235 to 184, with only 13 Republicans supporting the measure. The bill now heads to the Republican-controlled Senate, where [Read More]
October 30, 2019
Ex-Im Bank Reauth Bill Introduced
On Oct. 25, a new bill was introduced to reauthorize the U.S. Export-Import Bank (Ex-Im) for 10 years. The legislation—H.R. 4863, the United States Export Finance Agency Act of 2019—was posted on the House Committee on Financial Services website ahead of a committee markup on Tuesday. The bank’s charter was set to expire on Sept. 30, but [Read More]
July 10, 2019
NSBA Urges Action on USMCA
On Tuesday, July 10, 2019, the National Small Business Association is joining the USMCA Day of Action in urging Congressional action to approve the U.S.-Mexico-Canada Agreement (USMCA). Passage of USMCA has been a key priority for NSBA and was a focal point in our recent member fly-ins where small-business leaders urged their Members of Congress to act [Read More]
June 26, 2019
House Deal on Ex-Im Bank
On June 18, House Financial Services Committee Chairwoman Maxine Waters (D-Calif.) and Committee Ranking Member Patrick McHenry (R-N.C.) agreed to a long-term deal that would keep the U.S. Export-Import Bank (Ex-Im) operational for seven years and expand its capacity to offer loan guarantees to foreign buyers of U.S. exports. Without action, Ex-Im’s charter will expire [Read More]
May 31, 2019
Trump Calls for Tariffs on Mexican Imports
Yesterday, President Trump announced plans to impose a five percent tariff on all goods entering the U.S. from Mexico unless Mexico addresses the flow of illegal immigration coming to the U.S. Absent action by Mexico, the tariffs would begin June 10 and could increase to 25 percent by early-October. Mexican President Andrés Manuel López Obrador and [Read More]
May 22, 2019
US, Canada, Mexico Deal on Tariffs
On May 17, the U.S. announced an agreement with Canada and Mexico to remove the Section 232 tariffs for steel and aluminum imports from those countries and for the removal of all retaliatory tariffs imposed on American goods by those countries, marking a major step forward on the path to approval of the new North [Read More]
May 8, 2019
Senate to Vote on Ex-Im Nominees
NSBA and its international arm, the Small Business Exporters Association (SBEA) urged lawmakers to move on the nominations to the U.S. Export-Import Bank (Ex-Im) Board of Directors, telling Senators in a letter this week that Ex-Im cannot continue to level the playing field if it is not even allowed to function properly — as is the current [Read More]
February 27, 2019
NSBA Joins USMCA Coalition
On Feb. 26, NSBA and its international trade arm—the Small Business Exporters Association (SBEA)—joined more than 200 companies and associations representing farmers and ranchers, manufacturers, service providers, and technology companies to the launch of the USMCA Coalition, which will advocate for congressional approval of the United States-Mexico-Canada Agreement (USMCA).  The USMCA, which was signed by [Read More]
February 13, 2019
The National Small Business Association Board of Trustees recently endorsed the free trade agreement known as the U.S.-Mexico-Canada Agreement (USMCA.) On Nov. 30, the leaders of Mexico, Canada, and the U.S. came together in Buenos Aires, Argentina, to officially sign the updated USMCA. President Donald Trump, Canadian Prime Minister Justin Trudeau, and Mexican President Enrique [Read More]
January 31, 2019
US Trade Rep Outline for USMCA
On Jan. 29, USTR sent a six-page document to Congress outlining all the changes required to implement the new U.S.-Mexico-Canada Agreement (USMCA), fulfilling one of a number of required steps to get the agreement passed. The Obama administration submitted a similar document for the Trans-Pacific Partnership (TPP) that was only one page. The notice included no more [Read More]

EX-IM Bank Shutdown