The bill is like a rulebook that helps the United States decide which countries get special trading privileges. It wants to make sure these countries are not doing things that could potentially harm America's safety or important friendships.

H.R. 7151 is a plan that helps decide quickly if certain companies should be added or removed from a special list that controls important technology trades. If a company is on this list, it usually can't buy certain things from the U.S., unless the government thinks it's really important for safety or making friends with other countries.

The bill wants to make it faster and easier to decide if certain companies or people should be watched closely because they might do things that aren't good for the U.S. They have special rules to say "no" to letting them buy certain things from the U.S. if they might cause trouble.