Chairman of the United States Senate Foreign Relations Committee Jim Risch on Monday introduced the Deter PRC Aggression Against Taiwan Act that would utilize economic measures such as sanctions in the event China endeavors to take physical or political control of Taiwan.

The act would call for the establishment of an interagency task force to identify targets for potential sanctions, assess resource gaps, and help coordinate with allies and partners. The task force, called the “Tiger Team,” would tap members of the State and Treasury Departments.

In drafting the act, Risch drew from the U.S.’s experience imposing sanctions on Russia following its invasion of Ukraine. The primary purpose of the act is to ensure that the U.S. can move swiftly to strike at China’s vital points, including financial and industrial sectors, should China take coercive action to undermine Taiwan’s sovereignty and territorial integrity.

Under the act, the U.S. could impose sanctions if China attempts a naval blockade, seizure of outlying islands, or significant physical or cyber attacks against Taiwan that impair the ability of its government agencies to operate or provide essential services.

Risch’s bill is one of several legislative initiatives pertaining to Taiwan in U.S. Congress and comes on the eve of an expected meeting between U.S. President Donald Trump and Chinese President Xi Jinping. Trump is hoping to reach a major trade agreement with Xi.