This bill would change parts of the Export-Import Bank Act of 1945. It adds the short title "China Subsidy Response and Export Competitiveness Act of 2026." It amends section 2(c)(3)(B) to insert the words "or in the United States" after "business," which expands guarantee coverage to include certain domestic programs. It also changes section 2(l)(1) to broaden the program on China and transformational exports by: replacing the phrase "directly neutralize export subsidies" with "neutralize subsidies," changing "export credit" to "credit," changing "direct exports" to "exports," adding "printed circuit board" to a list that already included semiconductor machinery, renumbering one clause, and adding a new clause that covers "Medical manufacturing."
If enacted, the Export-Import Bank could have clearer authority to support or guarantee certain domestic programs and to respond to subsidies by the Government of the People's Republic of China. The changes named specific areas — semiconductor machinery, printed circuit boards, and medical manufacturing — as covered in the expanded program. No detailed rules, eligibility criteria, or timing are included in the text provided.
No publicly available information on estimated costs, budgetary effects, or funding changes is included in the provided bill text.
According to the bill text and title, sponsors want to counter subsidies provided by the Government of the People's Republic of China, protect critical United States industries, and strengthen United States economic and national security competitiveness.
No publicly available information on opponents' views or official objections is included in the provided bill text or metadata.