This bill amends the Export-Import Bank Act to help American companies compete against Chinese government subsidies and protect critical U.S. industries. The legislation expands the bank's ability to provide financing and guarantees for exports and domestic programs in strategic sectors including semiconductors, semiconductor machinery, printed circuit boards, and medical manufacturing. The changes broaden the bank's authority to counter not just direct export subsidies from China but all types of subsidies that disadvantage American businesses. By enhancing the Export-Import Bank's tools, the bill aims to strengthen U.S. economic competitiveness and national security in industries considered vital to American interests. The legislation was introduced in June 2026 and does not specify a funding amount or implementation timeline in the text provided.