Bill

China Subsidy Response and Export Competitiveness Act of 2026

SB4702Foreign Trade and International FinanceFiled

A bill to amend the Export-Import Bank Act of 1945 to counter subsidies provided by the Government of the People's Republic of China, to protect critical United States industries, and to strengthen United States economic and national security competitiveness.

Filed
In Committee
Passed Chamber
Final Approval

The China Subsidy Response and Export Competitiveness Act of 2026 aims to address and counteract subsidies provided by the Chinese government that may harm U.S. industries and national security. This bill seeks to amend the Export-Import Bank Act of 1945, enhancing the bank's ability to support American businesses that compete against unfairly subsidized Chinese products. The goal is to protect critical U.S. industries and bolster economic competitiveness.

This legislation would impact American businesses, particularly those in industries facing unfair competition from subsidized Chinese goods. It aims to level the playing field by ensuring that U.S. companies have the resources and support needed to compete globally. This could include sectors like manufacturing, technology, and agriculture, which are often targeted by Chinese subsidies.

As of the last update on June 8, 2026, the bill has been introduced in the Senate and read twice. It has also been referred to the Committee on Banking, Housing, and Urban Affairs. No further actions have been recorded yet, and the committee will likely review and potentially recommend changes or hold hearings to further discuss the bill's provisions.