China

Four US senators have introduced bipartisan legislation that would require the US Department of the Treasury to terminate the US-China Tax Treaty within 30 days after a presidential determination that China has initiated an armed attack against Taiwan.

The senators are Republicans John Cornyn and Bill Cassidy, and Democrats Chris Coons and Catherine Cortez Masto.

“The United States must make it crystal clear the Chinese Communist Party will face dire consequences if it moves to invade Taiwan,” Cornyn said.