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Strengthening US Exports Against China: New Financing Rules

This act amends the rules of the Export-Import Bank of the USA, making it easier to finance companies that compete with or replace products from Chinese entities. This potentially creates more opportunities for American businesses in international markets, which could lead to new jobs and economic growth. The changes aim to strengthen the US position in global trade.
Key points
Easier access to financing for companies competing with sanctioned or China-linked entities.
Exclusion of certain financing from the Export-Import Bank's lending cap, increasing its capacity to support exports.
Support for American companies in expanding into foreign markets and creating new jobs.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_10196
Sponsor: Rep. Kim, Young [R-CA-40]
Process start date: 2024-11-21
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Strengthening Exports Against China Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_10196.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-11-21.

What are the main provisions?

Key points include:

  • Easier access to financing for companies competing with sanctioned or China-linked entities.
  • Exclusion of certain financing from the Export-Import Bank's lending cap, increasing its capacity to support exports.
  • Support for American companies in expanding into foreign markets and creating new jobs.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Kim, Young [R-CA-40].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

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Economy Public Investments