Us Congress 2023-2024 Regular Session

Us Congress Senate Bill SB1074

Introduced
3/30/23  
Refer
3/30/23  

Caption

Taiwan Protection and National Resilience Act of 2023

Impact

The bill's passage would likely initiate a robust examination of U.S.-China relations and would lead to significant recommendations regarding sanctions strategies. Within 180 days of enactment, the Secretary of the Treasury is required to submit a report outlining a comprehensive sanctions strategy to be applied in response to any aggressive actions by China, particularly concerning Taiwan's territorial integrity. This encompasses policies that would restrict China's access to essential military supplies, thereby affecting its ability to sustain military operations against Taiwan and U.S. interests in the Pacific region.

Summary

Senate Bill 1074, known as the 'Taiwan Protection and National Resilience Act of 2023', is designed to establish a comprehensive strategy for countering the influence of the People's Republic of China. This act mandates the Secretary of Defense, in consultation with various federal agencies, to assess vulnerabilities and dependencies on China, particularly in areas that could present opportunities for strategic leverage against the U.S. The bill seeks to identify goods and services that the U.S. exports to China and highlights procurement practices that may expose U.S. agencies to coercive actions by the Chinese government.

Sentiment

Support for SB1074 is generally rooted in a bipartisan desire to bolster U.S. defenses and reevaluate dependencies that could be exploited by adversaries. Proponents argue that the act is a necessary step toward ensuring the security of U.S. interests and allies in the region and deterring aggressive actions from China. However, there may be concerns about the long-term implications of escalated tensions with China and whether this could lead to unintended economic repercussions or military confrontations.

Contention

While the bill emphasizes a strategy for countering coercive actions without authorizing the use of military force, critics may argue about the potential for escalating tensions and further complicating U.S.-China relations. The legislation does not alter the established one-China policy, but potentially increases bilateral tensions through its robust approach towards military and economic sanctions. Moreover, there are discussions surrounding the effectiveness of sanctions and whether they will achieve the intended deterrent effect without adversely impacting American interests.

Companion Bills

US HB2449

Same As Taiwan Protection and National Resilience Act of 2023

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