Directs the President, through the Secretary of Commerce and in coordination with the Secretary of State, to create a national strategy to stop foreign adversaries from obtaining items used to build, operate, or maintain undersea communications cables. The strategy must identify the key items and technologies at risk, evaluate export controls, work with allies that hold market share, track standards-setting efforts, flag entities that may need controls, and set up reporting and briefings to Congress. It also calls for negotiations with allies to align rules and include penalties for violations, plus reviews of any regulations needed to carry out the strategy.