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This bill establishes an interagency task force to develop economic sanctions and other tools to deter military or non-military aggression by China against Taiwan. The task force, led by the State Department and Treasury Department, must identify potential targets for sanctions, assess economic consequences, coordinate with U.S. allies, and recommend strategies within 180 days. The bill expresses the sense of Congress that the U.S. should be prepared to impose immediate sanctions in response to Chinese actions threatening Taiwan's territorial integrity or governance, while reaffirming commitment to existing U.S. policy frameworks including the Taiwan Relations Act.
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