# NO LIMITS Act of 2025 - Plain Language Summary

## What This Bill Does

The NO LIMITS Act of 2025 is designed to impose economic sanctions (financial penalties and restrictions) on Chinese companies that are helping Russia's military and defense industries. The bill specifically targets Chinese businesses that provide technology, weapons, microelectronics, and other materials to support Russia's war in Ukraine. It gives the President authority to freeze assets, block transactions, and cut off financing for these Chinese companies operating in the U.S. or doing business with American entities.

## Who Is Affected

**Primary targets:** Chinese companies (both private and state-connected) that supply materials to Russia's military, defense sector, or technology industries. The bill acknowledges that many Chinese civilian companies secretly support China's military, making them potential targets.

**Secondary impacts:** U.S. businesses and financial institutions would be prohibited from conducting transactions with sanctioned Chinese entities. International companies doing business with both the U.S. and these Chinese firms could face complications.

## Key Provisions

- **Timeline:** The President has 90 days to begin imposing sanctions on qualifying Chinese entities, and 180 days for sanctions on known Chinese military companies with operations in Russia
- **Scope:** Covers companies in technology, defense, and "any other sector" the Treasury or State Department determines relevant
- **Enforcement:** Uses existing emergency economic powers to block all property and transactions; violators face significant penalties
- **Rationale:** Congress argues that China is directly enabling Russia's invasion of Ukraine and that blurred lines between Chinese civilian and military companies justify broad authority to sanction them