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Strengthening US Exports Against China: New Financing Rules

This act aims to make it easier for US companies to compete internationally, especially against entities from China. It changes how the Export-Import Bank calculates credit risk, potentially leading to more financial support for exporting businesses. Citizens may feel an indirect impact through a stronger US economy and job creation.
Key points
The Export-Import Bank can more easily support companies competing with Chinese entities on specific government lists.
Financing that helps replace Chinese products or services will not count towards the bank's credit risk rate.
The changes aim to boost US export capabilities and support American businesses in the global market.
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Additional Information
Print number: 119_S_753
Sponsor: Sen. Cortez Masto, Catherine [D-NV]
Process start date: 2025-02-26