Stopping Adversarial Tariff Evasion Act

This bill makes it so that trade enforcement actions, like tariffs, can be applied to goods made by companies that are owned or controlled by certain countries considered adversaries, including China, Russia, Iran, North Korea, Cuba, and the Maduro government in Venezuela. Right now, the U.S. can take trade actions against goods coming from those countries, but this bill would extend those same actions to goods made by companies tied to those adversaries even if the goods are produced in a different country. For example, if a Chinese-owned company manufactures something in Vietnam, that product could be treated as if it came from China. The bill applies to companies where at least 25% of ownership is held by people or groups connected to one of those adversary countries.

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