Tracking and Restricting Adversarial Circumvention of Embargoes Act of 2025

This bill requires the Director of National Intelligence to report within 180 days on Chinese purchases of Iranian oil and Chinese financial transactions related to Iran's ballistic missile program, specifically examining how China uses transshipment points and shell companies to avoid sanctions. It directs the Treasury Secretary to then determine within 180 days whether China is engaging in sanctionable activities based on that report. The bill directly affects U.S. oversight of transactions between China and Iran involving oil and missile-related materials. Its key mechanism is a mandatory reporting and determination process to track and assess potential circumvention of existing embargoes.