President announces National Export Initiative

In his State of the Union address to Congress today, President Obama set a national goal to “double our exports over the next five years, an increase that will support 2 million jobs in America” through a new National Export Initiative. Details are scarce so far, but the White House blog says “the NEI includes the creation of the President’s Export Promotion Cabinet and an enhancement of funding for key export promotion programs.” The focus on small business is encouraging, and we look forward to learning more about the substance of the initiative.

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