Bill > S884

This bill, titled the Deter Cyber Theft Act, requires the Director of National Intelligence to create and maintain two lists: a watch list and a priority watch list, identifying foreign countries that engage in economic or industrial espionage in cyberspace, which means stealing or improperly obtaining trade secrets or proprietary information (like business plans or technical designs) owned by U.S. individuals or companies. The Director must report annually on these activities, detailing targeted technologies and information, and any foreign entities involved. Following this report, the President has 120 days to direct U.S. Customs and Border Protection to block the import of goods manufactured using stolen U.S. technology or produced by entities linked to these "priority foreign countries," especially if it impacts intellectual property rights or the Department of Defense's supply chain. The bill also defines key terms like "cyberspace" and "economic or industrial espionage" to ensure clarity in its implementation.