Bad actors listed in the bill are; China, Cuba, Iran, North Korea, Russia, and Venezuela.
In reality, the RESTRICT Act has very little to do with TikTok and everything to do with controlling online content.
In very specific terms a lot of U.S. websites would be impacted. Why? Because a lot of websites use third-party ‘plug-ins’ or ‘widgets’ or software created in foreign countries to support the content on their site. The “Restrict Act” gives the DNI the ability to tell a website using any “foreign content” or software; that might be engaged in platform communication the U.S Government views as against their interests; to shut down or face a criminal charge. In very direct terms, the passage of SB686 would give the Dept of Commerce, DNI and DHS the ability to shut down what you are reading right now. This is a big deal. –The Last Refuge
The RESTRICT Act can also be used to punish people using Virtual Private Networks (VPNs) if they're used to access banned websites, and directs the Secretary of Commerce to “identify, deter, disrupt, prevent, prohibit, investigate, or otherwise mitigate” that which is deemed a national security risk associated with technology linked to the above countries.