H.R. 8361, titled the "Economic Espionage Prevention Act," aims to impose sanctions on foreign companies engaged in economic or industrial espionage against the United States. The bill highlights findings regarding increased semiconductor exports from China to Russia and...
Simple Explanation
The bill wants to stop bad companies from other countries from spying on the U.S. to steal secrets, and it gives rules on how the President can punish them by blocking things like their money or travel.