Tracking and Restricting Adversarial Circumvention of Embargoes Act of 2025
Summary
The "Tracking and Restricting Adversarial Circumvention of Embargoes Act of 2025" aims to address circumvention of embargoes against Iran by the People's Republic of China (PRC). It mandates a report from the Director of National Intelligence on oil and ballistic missile-related transactions between the PRC and Iran. The report will assess PRC's purchases of Iranian oil since 2020 and financial transactions supporting Iran's ballistic missile program.
Expected Effects
If enacted, this act will increase scrutiny of financial and trade relationships between China and Iran. It could lead to the imposition of sanctions on Chinese entities found to be violating existing embargoes. The act also aims to deter future circumvention activities by increasing transparency.
Potential Benefits
- Increased transparency regarding China-Iran transactions.
- Potential for stronger enforcement of existing sanctions against Iran.
- Deterrence of future embargo circumvention.
- Improved national security by limiting Iran's ballistic missile program.
- Strengthened international standing by demonstrating commitment to enforcing sanctions.
Potential Disadvantages
- Potential strain on US-China relations.
- Possible economic repercussions if sanctions are imposed on Chinese entities.
- Risk of unintended consequences due to the complexity of international trade.
- The report may not uncover all circumvention activities.
- Potential for retaliatory measures from China.
Constitutional Alignment
The bill aligns with the constitutional power of Congress to regulate commerce with foreign nations (Article I, Section 8, Clause 3) and to provide for the common defense (Article I, Section 8, Clause 1). The reporting requirement falls under Congress's oversight responsibilities. The bill does not appear to infringe on any individual liberties or rights protected by the Constitution.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).