Bipartisan Bill Would Establish US Sanctions Strategy for Potential China-Taiwan Conflict
Senators this week reintroduced a bipartisan bill that would require the administration to form an “effective sanctions strategy” that would be triggered if China invades Taiwan. The Taiwan Protection and National Resilience Act, led by Sens. Marco Rubio, R-Fla., and Gary Peters, D-Mich., would require the departments of the Treasury, Defense, State, Commerce and others to submit a report to Congress describing a “comprehensive sanctions strategy” that the U.S and allies could adopt in response to an invasion.
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The strategy would be required to include potential energy and weapons trade restrictions, measures to “diminish the capacity” of China’s defense industrial base to manufacture defense items, and plans to “inhibit” China from evading U.S. and multilateral sanctions. It must also identify other “specific sanctions-related tools” the U.S. could use against China.
“At a time when our nation’s reliance on China’s genocidal regime leaves us hostage to Beijing's leverage,” Rubio said, “we must develop a strategy to respond to the [Chinese Communist Party’s] hostile acts.” Although U.S. efforts to deter a potential invasion are “essential,” Peters said the bill “would help ensure we are prepared for and would be ready to respond in the event the Chinese government violates Taiwan’s sovereignty.”
The bill was introduced during the last Congress in December.