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Trade Hindered by Shutdown

Financing for purchases interrupted and traffic at some U.S. ports slows.

By Brian Wingfield and Caroline Chen, Bloomberg | Updated on October 11, 2013

Business at Thrush Aircraft Inc. should be booming this time of year as the Georgia company ships its crop dusters to customers in Brazil preparing to fertilize crops.

A partial U.S. government shutdown, however, has brought about $13 million worth of orders to a halt because the shuttered U.S. Export-Import Bank isn’t providing financing for the buyers in South America, where it’s now spring.

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