Expresses the sense of Congress that: (1) grave concerns exist concerning the ballistic missile deployment by the People's Republic of China (PRC) directed toward Taiwan which threatens security and stability in the Taiwan Strait, (2) the President should seek a renunciation from the PRC of any threat or use of force against Taiwan and the region, (3) Taiwan's future should be determined peacefully by its people and free from PRC coercion, and (4) the President should move forward with the sale to Taiwan of new and upgraded F-16s.