Summary

Requires the President to block significant business deals with certain foreign telecommunications companies that make 5G or future‑generation tech and are acting against U.S. national security. Violations use existing penalties under the International Emergency Economic Powers Act (IEEPA). The rule starts 90 days after enactment, includes narrow humanitarian and intelligence exceptions, and lets the President grant temporary 90‑day waivers. States that secure telecom networks in the U.S. and allied countries are critical to national security. Warns that “untrusted” vendors—especially those based in the People’s Republic of China—pose risks that outweigh potential benefits, and urges use of economic tools to promote secure networks.

Key Points

• Orders the President to block significant transactions with foreign telecom firms producing 5G or future‑gen tech that threaten U.S. national security.
• Takes effect 90 days after enactment.
• Narrow exceptions apply for humanitarian and intelligence activities.
• The President may issue 90‑day waivers when needed.
• Violations carry existing IEEPA civil and criminal penalties.
• Frames PRC‑based “untrusted” vendors as a key national security risk.
• Encourages use of economic tools to promote secure networks with allies and partners.
• Will require U.S. companies and banks to screen and avoid prohibited dealings with listed firms.

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