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The Export–Import Bank of the United States (EXIM) is the official export credit agency (ECA) of the United States federal government. [1] [2] Operating as a wholly owned federal government corporation, [1] the bank "assists in financing and facilitating U.S. exports of goods and services", [1] particularly when private sector lenders are unable or unwilling to provide financing.
One significant change in the new DEPB Scheme is that in terms of Para 4.3.5 of the Exim Policy even excise duty paid in cash on inputs used in the manufacture of export product shall be eligible for brand rate of duty drawback as per rules framed by Department of Revenue which was not mentioned in the earlier DEPB Scheme.
On September 13, 2021, President Joe Biden nominated Lewis to be the next director of the Export-Import Bank of the United States. [12] The Senate's Banking Committee held hearings on her nomination on October 26, 2021. The committee favorably reported Lewis' nomination to the entire Senate floor on November 3, 2021.
Bottom Line. In the end, it is a waiting game. Even if President Trump takes executive action to enact tariffs on Canada, Mexico and China on day one of his second term, it could take a long time ...
U.S. President-elect Donald Trump said on Tuesday he will create a new government agency called the External Revenue Service "to collect tariffs, duties, and all revenue" from foreign sources as ...
The United States has banned imports from another tranche of Chinese companies over alleged human-rights abuses involving the Uyghurs, targeting 37 textile, mining and solar companies, the ...
The pharmaceutical industry in India was valued at an estimated US$42 billion in 2021 and is estimated to reach $130 billion by 2030. [20] India is the world's largest provider of generic medicines by volume, with a 20% share of total global pharmaceutical exports.
In 2018, the year that a trade war with China was launched by U.S. President Donald Trump, the U.S. trade deficit in goods reached $891 billion, which was the largest on record [29] before the $1,183 billion deficit in the trade of goods recorded in 2021. [30] By the end of the Trump presidency, the trade war was widely characterized as a ...