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U.S. Lawmakers Want to Sell More Stuff to Africa and Latin America to Counter China

Source: US Census Bureau, PRC General Administration of Customs, China-Africa Research Initiative, India Ministry of Commerce, IMF Direction of Trade Statistics • Note that India data is by financial (not calendar) year

Tucked away in a remote corner of the U.S. Senate’s version of the massive $875 billion proposed budget for the U.S. Defense Department is a small piece of legislation that aims to boost U.S. exports to Africa.

The legislation, known as the “Increasing American Jobs through Greater Exports to Africa Act”, also focuses on Latin America and the Caribbean. It is ostensibly intended to boost sales of U.S. goods in markets in both regions where China is now the largest trading partner.

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