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Sanctions on China for Taiwan Invasion: Protecting Democracy.

This act imposes severe economic and financial sanctions on China if its military invades Taiwan. The goal is to deter an invasion and protect regional stability. US citizens might experience indirect economic impacts, such as changes in product availability or investment opportunities.
Key points
Blocking of assets of Chinese Communist Party members and affiliated financial institutions in the US.
Prohibition on trading Chinese securities on US exchanges.
Restrictions on money transfers to and from China and a ban on investments in key Chinese industrial sectors.
Prohibition on the importation of certain goods made in China.
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Additional Information
Print number: 117_HR_6484
Sponsor: Rep. Gallagher, Mike [R-WI-8]
Process start date: 2022-01-25