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Using a sharp knife, cut the steak into 1/3-inch strips on a sharp diagonal. Put into a resealable plastic bag or a large bowl.
Pour the Carne Asada marinade over the meat, and stir in the garlic and onions. Refrigerate for 1 hour.
Remove the meat from the marinade, removing any pieces of garlic or onion. Thread each piece on a Traeger skewer. Thread a few pieces of chopped bell pepper s onto the end of each skewer.
When ready to cook, start the Traeger on Smoke with the lid open until a fire is established (4-5 minutes). Turn temperature to 450 degrees F and preheat, lid closed, for 10 to 15 minutes.
Grill the skewers, turning once, for 3 to 4 minutes per side.
Arrange the skewers on the dish, and sprinkle with the peanut sauce. Garnish with lime wedges. Enjoy!