Ex-Im Seeking Comments on US Content Levels in 'Transformational Export Areas'

The Export-Import Bank of the U.S. is seeking comments on how it can best implement its “Program on China and Transformational Exports,” which authorizes Ex-Im support for certain export transactions containing a U.S content level of 51% or more and makes exports with Chinese content “presumptively ineligible” for financing. The bank specifically seeks comments on the level of U.S. and foreign content in certain “identified transformational export areas” to help it better support exporters “competing” with China, an April 23 notice said. Those export areas include emerging technologies such as artificial intelligence, biotechnology, quantum computing and semiconductor manufacturing. Comments are due May 14.