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WASHINGTON U.S. Senator Kevin Cramer (R-ND), member of the Senate Armed Services Committee, joined Senators Rick Scott (R-FL) and John Kennedy (R-LA) in introducing theDeterring Communist Chinese Aggression Against Taiwan Through Financial Sanctions Actwhich would impose devastating financial sanctions on the Chinese government if Communist China invaded or blockaded Taiwan, or attempted to change the status of Taiwans governance through use of force.

The situation in Ukraine is the very real consequence of weak leadership and a lack of a true deterrence for Russia. Taiwan is a friend, good trading partner, and beacon of freedom and democracy. Our bill threatens crippling financial sanctions as a deterrence to China trying to follow in Putins footsteps as it relates to Taiwan,said Senator Cramer.

Taiwan is one of Americas most important partners in the Asia-Pacific, and its peace and stability are in our political, security, and economic interests. We have watched Communist Chinas increasingly frequent actions to harass and intimidate the Taiwanese people, through regular military encroachments and cyberattacks. We must be clear that these intimidation tactics will not be ignored. As Beijing quietly watches Putins invasion of and assault on Ukraine, America must stand strongly behind our partners in democracy and leave no ambiguity as to our resolve to condemn and punish tyrants who attack our partners. Passing this bill will make clear to General Secretary that if he mimics Putins invasion then he will be met with economic isolation and severe financial sanctions. I urge my colleagues to join me in this important work, and I hope to see this bill move swiftly through the Senate,said Senator Scott.

TheDeterring Communist Chinese Aggression Against Taiwan Through Financial Sanctions Actwould:

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Sen. Cramer, Colleagues Introduce Bill to Sanction Communist China in the Event of Taiwan Invasion - Kevin Cramer