Ruben Gallego (D-AZ)· Introduced June 8, 2026

China Subsidy Response and Export Competitiveness Act of 2026

S. 4702 · Senate bill Foreign Trade and International Finance

A Democratic bill with 1 Republican cosponsor · See the cosponsor

Last activity June 8, 2026 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

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

Scored +7
Does this make trade with other countries easier?
Directly counters foreign export subsidies and enhances the competitive stance of U.S. industries globally.
Scored +6
Is this likely to grow the economy?
Strengthens U.S. economic competitiveness by countering foreign subsidies in critical sectors.
Scored +6
Would business owners be better off under this?
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'' after business'', 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.
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. Tap or hover a score for the reason it gave.

Economy And Finance: Is this likely to grow the economy? — Strengthens U.S. economic competitiveness by countering foreign subsidies in critical sectors. Is this likely to create jobs? — Expands Export-Import Bank support for domestic operations and critical manufacturing industries. Does this make it easier to run a small business? — Broadens guarantee coverage and credit programs to support domestic businesses against unfair competition.
National Security And Foreign Policy: Does this make trade with other countries easier? — Directly counters foreign export subsidies and enhances the competitive stance of U.S. industries globally.
Demographic And Interest Groups: Would business owners be better off under this? — Supports domestic business operations and protects key industries from subsidized foreign competition.
Healthcare: Does this make health care easier to get in general? — Includes medical manufacturing in transformational export programs to strengthen domestic supply chains.