Bill 118 hr 10376 aims to amend the Export Control Reform Act of 2018 in order to prevent the People's Republic of China from exploiting items such as black mass and certain other products produced in the United States. Black mass is a key component in the production of lithium-ion batteries, which are used in a wide range of electronic devices.
The bill seeks to address concerns about China's growing influence in the global supply chain for critical materials like black mass. By restricting China's access to these materials, the United States hopes to protect its own national security interests and prevent China from gaining a competitive advantage in key industries.
If passed, the bill would give the US government greater authority to control the export of black mass and other critical materials to China. This could involve imposing restrictions on the sale of these materials to Chinese companies or requiring them to obtain special licenses before they can be exported.
Overall, the goal of Bill 118 hr 10376 is to safeguard American interests and prevent China from exploiting US-produced materials for its own economic and strategic gain. It reflects ongoing concerns about China's growing influence in global supply chains and the need to protect American industries from unfair competition.