IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 14 Apr 2020 | Removal date: open ended

Trade finance

On April 14, 2020 the Export-Import Bank of the United States approved a resolution to temporarily exclude from the bank’s coverage or financing any exports of personal protective equipment (PPE) and other medical supplies and equipment. The resolution approved by the Board of Directors is focused on items identified by other agencies — namely the president of the United States, the Department of Health and Human Services, the Department of Homeland Security, and the Federal Emergency Management Agency — as being in scarce supply, such as respirators, masks, gloves, Tyvek suits, face shields and similar protective wear. EXIM President and Chairman Kimberly A. Reed acknowledged that “medical equipment exports has constituted a relatively small portion of EXIM’s overall financing portfolio,” representing “less than one percent.”

While the decision was identified as temporary, no specific end date was named.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

271 Made-up textile articles
6307 Other made up articles, including dress patterns.
630790 Other
282 Wearing apparel, except fur apparel
3926 Other articles of plastics and articles of other materials of headings 39.01 to 39.14.
392620 Articles of apparel and clothing accessories (including gloves, mittens and mitts)
6116 Gloves, mittens and mitts, knitted or crocheted.
611610 Impregnated, coated or covered with plastics or rubber
6216 Gloves, mittens and mitts.
621600 Gloves, mittens and mitts.
321 Pulp, paper & paperboard
4823 Other paper, paperboard, cellulose wadding and webs of cellulose fibres, cut to size or shape; other articles of paper pulp, paper, paperboard, cellulose wadding or webs of cellulose fibres.
482320 Filter paper and paperboard
362 Other rubber products
4015 Articles of apparel and clothing accessories (including gloves, mittens and mitts), for all purposes, of vulcanised rubber other than hard rubber.
401511 Surgical
401519 Other
481 Medical & surgical equipment & orthopaedic appliances
9020 Other breathing appliances and gas masks, excluding protective masks having neither mechanical parts nor replaceable filters.
902000 Other breathing appliances and gas masks, excluding protective masks having neither mechanical parts nor replaceable filters.

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