Tracking and Restricting Adversarial Circumvention of Embargoes Act of 2025
China and Iran Trade: New Reporting Requirements
This bill is currently in the early stages of the legislative process and is being reviewed by the House Committee on Foreign Affairs and the House Permanent Select Committee on Intelligence. It was recently introduced and is actively moving through the committee review phase. There are no upcoming votes scheduled at this time.
Legislative Progress
The bill has support from both parties and addresses popular national security concerns, but many foreign policy reporting bills struggle to get a full vote in a crowded schedule.
Key Points
- This bill requires the Director of National Intelligence to write a report about trade between China and Iran. The report will look at how much oil China has bought from Iran since 2020 and if they used shell companies or other tricks to hide these deals from the U.S. government.
- The report will also investigate if Chinese companies are selling materials to Iran that help build ballistic missiles. This includes looking at the money used for these sales and the specific chemicals needed to make missile parts.
- Within six months after the report is finished, the Treasury Department must decide if China's actions should lead to new punishments or sanctions. This process helps the government decide how to respond to countries that try to get around existing trade bans.
- The goal of this policy is to stop Iran from getting money and technology for its military by closing loopholes that China might be using. It ensures that Congress and the Treasury Department have the latest information on how these two countries are working together.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
Referred to the Committee on Foreign Affairs, and in addition to the Committee on Intelligence (Permanent Select), for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
Tracking and Restricting Adversarial Circumvention of Embargoes Act of 2025
Data Sources
Sponsor
Cosponsors
(3)Analysis generated by AI. Always verify with official sources.