,,ii #aahth ,,congress #b;d ,session ,s4 #chfc ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,march #e1 #bjbd,mr4 ,rubio introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to clarify the country of origin of certain passenger motor vehicles4 #a4 ,short title ,this ,act may be cited as the ,closing ,auto ,tariffs ,loopholes ,act4 #b4 ,clarification of country of origin of certain passenger motor vehicles 7a7 ,in general ,on and after the date that is #ahj days after the date of the enactment of this ,act1 any article classified under heading #hgjc of the ,harmonized ,tariff ,schedule of the ,united ,states and produced1 manufactured1 or that underwent final assembly by a foreign adversary party or an entity owned1 controlled1 directed1 or operated by a foreign adversary party shall be treated as originating in the foreign adversary4 7b7 ,definitions ,in this section3 7#a7 ,control ,the term control has the meaning given that term in section #hjj4bjh of title #ca1 ,code of ,federal ,regulations 7as in effect on the date of the enactment of this ,act74 7#b7 ,entity owned1 controlled1 directed1 or operated by a foreign adversary party ,the term entity owned1 controlled1 directed1 or operated by a foreign adversary party includes any entity for which1 on any date during the most recent #ab-month period1 not less than #be percent of the equity interests in such entity are held directly or indirectly by #a or more foreign adversary parties including through-- 7,a7 interests in co-investment vehicles1 joint ventures1 or similar arrangements2 or 7,b7 a derivative financial instrument or contractual arrangement between the entity and a foreign adversary party1 including any such instrument or contract that seeks to replicate any financial return with respect to such entity or interest in such entity4 7#c7 ,foreign adversary ,the term foreign adversary means any of the following3 7,a7 ,the ,people's ,republic of ,china4 7,b7 ,the ,russian ,federation4 7,c7 ,the ,islamic ,republic of ,iran4 7,d7 ,the ,democratic ,people's ,republic of ,korea4 7,e7 ,the ,republic of ,cuba4 7,f7 ,venezuela1 while ,nicols ,maduro is the president4 7,g7 ,the ,syrian ,arab ,republic4 7#d7 ,foreign adversary party 7,a7 ,in general ,the term foreign adversary party means any of the following3 7i7 ,the government of a foreign adversary1 including any agency1 government instrumentality1 official1 or agent of such a government4 7ii7 ,any entity organized under the laws of a foreign adversary 7or any political subdivision thereof74 7iii7 ,any entity the headquarters of which is located within a foreign adversary4 7,b7 ,inclusion of certain entities of the ,people's ,republic of ,china ,the term foreign adversary party includes any entity substantively involved in the industrial policies or military-civil fusion strategy of the ,people's ,republic of ,china1 including by accepting funding from1 performing a service for1 or receiving a subsidy from the ,people's ,republic of ,china related to such policies or strategy4