WASHINGTON, June 4 -- Sen. Ruben Gallego issued the following press release:
Senators Ruben Gallego (D-AZ) and Pete Ricketts (R-NE) will introduce the China Subsidy Response and Export Competitiveness Act, bipartisan legislation to strengthen the China and Transformational Exports Program (CTEP) (https://us.list-manage.com/j6anCownwyF?e=8a70c8b936&c2id=c2f9e8fb7b156a42dac434c3aaf17f7c). CTEP is a mandate for the Export-Import Bank of the United States (EXIM) to help U.S. exporters facing competition from the People's Republic of China (PRC) and ensure the U.S. continues to lead in transformational export areas.
"Over the past two decades, Arizona has lost nearly 66,000 manufacturing jobs to China, fueled by China's trade cheating and unfa...