US and EU discussing possible China sanctions

US and EU discussing possible China sanctions

The United States is considering options for a sanctions package against China to deter it from invading Taiwan, with the European Union also under diplomatic pressure from Taipei to do the same, according to sources familiar with the discussions, Reuters reported. 

The deliberations in Washington and Taipei's separate lobbying of EU envoys are only at an early stage, the sources said.

In both cases, the idea is to impose sanctions beyond measures already taken to restrict some trade and investment with China in sensitive technologies like computer chips and telecoms equipment, as well as technology needed to support possible military action.

Nonetheless, the sources note sanctions against the world's second largest economy and one of the global supply chain's biggest links raises questions of feasibility. Moreover, European sanctions would require all 27 member countries to agree, which is elusive.

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