# 119-s-4702: China Subsidy Response and Export Competitiveness Act of 2026

119-s-4702, China Subsidy Response and Export Competitiveness Act of 2026, is a 119th Congress bill sponsored by Sen. Gallego, Ruben [D-AZ] (D-AZ); status introduced; PRIA reads it as touching household money (as of 2026-08-23).

- Canonical: https://policyrisk.com/legislation/119-s-4702
- As of: 2026-08-23
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-4702
- Congress: 119
- Title: China Subsidy Response and Export Competitiveness Act of 2026
- Status: introduced
- Introduced: 2026-06-08
- Sponsor: Sen. Gallego, Ruben [D-AZ] (D-AZ)
- Cosponsors: 1
- Policy area: Foreign Trade and International Finance
- Touches household money: yes
- Last recorded action: 2026-08-23

## Summary

**Expanded Ex-Im Bank authority to counter Chinese subsidies.** This bill would broaden the Export-Import Bank's export-credit powers to cover domestic programs and a wider set of products and activities, aiming to neutralize subsidies and boost U.S. competitiveness relative to the People's Republic of China. - U.S. manufacturers and exporters would see wider eligibility for bank support because the China and transformational exports program explicitly adds product categories like medical manufacturing and printed circuit boards. These changes refocus export-support policy to strengthen sectors the bill identifies as strategically important. - Domestic projects and borrowers could access Ex-Im Bank guarantees after the bill inserts the phrase "or in the United States" into the statute, expanding coverage to programs conducted inside the United States. That change would let the bank back in-country activities tied to export competitiveness. - The bill widens the bank's counter-subsidy tools by changing statutory language from "directly neutralize export subsidies" to "neutralize subsidies" and replacing "export credit" with "credit." Those wording shifts are meant to broaden the range of export-related activities the bank can support and are applied retroactively to existing statutory references where applicable.

## Cosponsors (1)

- Sen. Ricketts, Pete [R-NE] (R-NE), 2026-06-08T00:00:00.000Z

## Provisions PRIA read

- More export loan help for businesses: benefit, medium. If enacted, this bill would expand what the Export-Import Bank can cover and who can qualify. It would add printed circuit boards and a new "medical manufacturing" category to covered products. It would change terms like "direct exports" to "exports" and "export credit" to "credit," widening the ki…

## Related bills

- 119-s-2838: Protecting Our Democracy Act
- 119-s-1748: Kids Online Safety Act
- 119-s-5283: Momnibus Act
- 119-s-2904: SHADOW Fleet Sanctions Act of 2026
- 119-s-554: United States-Israel Defense Partnership Act of 2025
- 119-s-1711: STOP China Act

## Sources
- [119-s-4702 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/4702)

## Related
- [119-s-2838: Protecting Our Democracy Act](https://policyrisk.com/legislation/119-s-2838)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-5283: Momnibus Act](https://policyrisk.com/legislation/119-s-5283)
- [119-s-2904: SHADOW Fleet Sanctions Act of 2026](https://policyrisk.com/legislation/119-s-2904)
- [119-s-554: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-s-554)
- [119-s-1711: STOP China Act](https://policyrisk.com/legislation/119-s-1711)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-4702 (as of 2026-08-23).