Deter PRC Aggression Against Taiwan Act

This bill establishes a U.S. government task force to prepare sanctions against Chinese entities if the People's Republic of China (PRC) takes actions threatening Taiwan's sovereignty, such as military aggression, territorial occupation, or cyberattacks. The PRC Sanctions Task Force, to be created within 180 days of enactment, will identify potential targets, assess existing and needed sanctions authorities, and coordinate with allies to minimize economic impacts on the U.S. and partners. It requires annual classified reports to Congress detailing target entities, potential economic effects, and strategies for imposing sanctions. The bill directly affects U.S. agencies (State, Treasury, Commerce) and could impact PRC entities supporting actions against Taiwan, but it does not authorize sanctions itself - only prepares the framework for potential future action.