1. Short title This Act may be cited as the Deterring Escalation Through Economic Retaliation Act of 2023 or the DETER Act of 2023 . 2. Findings; sense of Congress (a) Findings Congress makes the following findings: (1) The People's Republic of China has enjoyed normal trade relations with the United States since its approval to join the World Trade Organization on November 10, 2001, and formal accession on December 10, 2001. (2) The aggression of the People's Republic of China toward Taiwan has increased in recent years, as incursions into Taiwan’s Air Defense Identification Zone by aircraft of the People’s Liberation Army increased 178 percent from 2021 to 2022. (3) The economic coercion of the People’s Republic of China toward Taiwan has also increased in recent years, as the People's Republic of China has banned the import of more than 2,000 food products from Taiwan since August 2022. (4) The United States has a long-standing commitment to the security of Taiwan and stability of cross-strait relations as outlined in the Six Assurances, the three United States-People's Republic of China Joint Communiqués, and the Taiwan Relations Act ( 22 U.S.C. 3301 et seq. ). (5) In response to the unprovoked invasion of Ukraine by the Russian Federation, the United States revoked nondiscriminatory treatment for imports from the Russian Federation and Belarus on April 8, 2022. (b) Sense of Congress It is the sense of Congress that— (1) the United States has a strong interest in deterring the People's Republic of China from invading and seizing control of Taiwan and should employ economic levers of influence to promote and preserve a free and open Indo-Pacific, including prevention of aggression by the People's Republic of China toward Taiwan; (2) aggression by the People's Republic of China toward Taiwan would be a violation of international norms and inconsistent with standards of conduct required for countries enjoying normal trade relations in the United States market