U.S. Treasury Secretary Janet Yellen said on April 6 that the United States would levy sanctions on China should the communist regime invade Taiwan or provide material support to Russia’s war effort in Ukraine. When asked by Rep. Patrick McHenry (R-N.C.) during a hearing of the House Financial Services Committee about whether Washington is open to using “all tools availableĀ in the event that China moves aggressively towards Taiwan,” Yellen responded in the affirmative. “I believe we’ve shown that we can. In the case of Russia, we threatened significant consequences. We’ve imposed significant consequences. And I think that you should not doubt our ability and resolve to do the same in other situations,” Yellen said. Likewise, Deputy Secretary of State Wendy Sherman told lawmakers on Wednesday that the breadth of sanctions imposed on Russia for its invasion of Ukraine ought to give the Chinese Communist Party (CCP) and its leader Xi …