H.R. 1486, titled the “Economic Espionage Prevention Act,” is a bill aimed at imposing sanctions on foreign adversarial companies that partake in economic or industrial espionage against the United States. The bill seeks to curb activities where individuals or companies from countries like...
Simple Explanation
The Economic Espionage Prevention Act is like a rule that lets the President stop people or companies from other countries, who try to steal important secrets or help enemies, by not letting them come to the U.S. or use their U.S. money; it especially worries about some big computer parts going from China to Russia that might help Russia's army.