US Exim urges Biden to neutralize Chinese export subsidies; Rabobank narrows commodity trade finance presence; UK to require companies to pay SMEs In 30 days
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
Kimberly Reed, head of the Export-Import Bank of the United States, has urged the Joe Biden administration to keep pushing to neutralize Chinese export subsidies and help US companies compete
Netherlands-based Rabobank has joined the club of lenders backing off from commodity trade finance, in what may tighten access to credit for the bunker industry
The UK government is looking to crack down on companies that take too long to pay suppliers, according to a report from the Financial Times
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