President Trump declared a national emergency to protect the United States bulk-power system, citing an unusual and extraordinary threat from foreign actors exploiting vulnerabilities in the system. The order prohibits any acquisition, importation, transfer, or installation of foreign-produced bulk-power system electric equipment if it is designed, developed, manufactured, or supplied by entities owned by, controlled by, or subject to the jurisdiction or direction of a Covered Foreign Entity, and poses an undue risk to national security, critical infrastructure, or the economy.