Bill · S. 4702· Senate(119-S-4702)
China Subsidy Response and Export Competitiveness Act of 2026
- Introduced
- 6/8/2026
- Last activity
- 6/8/2026 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Ruben Gallego
- Cosponsors
- - 0 - 1
- Introduced
- In Committee
What this bill would do
This bill is called the ``China Subsidy Response and Export Competitiveness Act of 2026''. It amends the Export-Import Bank Act of 1945. The purpose of the bill is to counter subsidies from the Government of the People's Republic of China. It also protects critical United States industries and strengthens economic and national security competitiveness. The bill was introduced in the Senate by Mr. Gallego and Mr. Ricketts on June 8, 2026.
Yes· 3 of 6
Does this make trade with other countries easier?+7
Directly counters foreign export subsidies and enhances the competitive stance of U.S. industries globally.
Is this likely to grow the economy?+6
Strengthens U.S. economic competitiveness by countering foreign subsidies in critical sectors.
Would business owners be better off under this?+6
Supports domestic business operations and protects key industries from subsidized foreign competition.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Section 2 expands guarantee coverage by adding
or in the United States'' afterbusiness'', which helps domestic operations. -
Section 3 broadens the program on China and transformational exports by neutralizing subsidies and credit, rather than just export-specific ones.
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Section 3 adds printed circuit boards and medical manufacturing to the list of areas covered by the program, which benefits these specific domestic industries.
Potential Negative Impacts for People
- The provided text of the bill does not contain any specific sections or provisions that outline negative consequences or burdens for individuals or groups of people in the United States.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Economic Growth+6Increases Job Creation+5Improves Small Business Support+4
- National Security And Foreign Policy
- Improves International Trade+7
- Demographic And Interest Groups
- Good For Business Owners+6
- Healthcare
- Improves Healthcare Access+3
- 6/8/2026
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 1 Cosponsor added.
- Introduced in Senate
Pete RickettsRepublican · Nebraska