National Export Initiative
Headline: Federal Government Directs Effort to Double Exports for U.S. Businesses
What it does: Agencies must develop and coordinate a government-wide plan to double U.S. exports and expand export support for small and medium-sized businesses.
- Helps small business owners access export financing and enter new markets.
- Requires federal trade missions and advocacy to actively promote U.S. companies abroad.
- Sets a 180-day deadline for a government-wide plan to boost exports.
Summary
This executive order launches the National Export Initiative to increase U.S. exports and create jobs by coordinating federal efforts. It establishes an Export Promotion Cabinet of senior officials to develop a government-wide plan, improve export assistance—especially for small and medium-sized businesses—expand export financing, run effective trade missions, and reduce barriers abroad.
The Cabinet must deliver a comprehensive plan to the President within 180 days; the goal is to double U.S. exports over five years and help American businesses reach new international markets.
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