@yogthos IANAL, so I could only skim the legalese, but isn't this only applicable to classified information and foreign adversaries?
It does say the Secretary can remove adversaries from the list - didn't see where they can add new ones. But the Secretary does get to decide who/what poses an "unacceptable risk to the national security".
Are you worried this is a blank check to the Commerce Secretary to decide that any particular group or technology is included, and can therefore be banned?
@Philomorph right that's precisely the problem, this can be changed unilaterally without any debate or oversight