; and (B) issue a report to the President containing the findings of such review. (2) Presidential authority After reviewing a report issued under paragraph (1) with respect to a relationship, the President may take such action for such time as the President considers appropriate to suspend or prohibit the relationship if the relationship threatens to impair the national security of the United States. (3) Procedures To the extent practicable, CFIUS and the President shall carry out a review of a relationship under this subsection in the same manner as a covered transaction is reviewed under section 721 of the Defense Production Act of 1950 ( 50 U.S.C. 4565 ). 9. Report on national security threat of mobile applications utilized by the People’s Republic of China and Chinese Communist Party (a) Reporting requirement Not later than 180 days after the enactment of this Act, and annually thereafter, the Secretary of State and the Attorney General, in consultation with the Director of National Intelligence, shall submit to the appropriate congressional committees a report describing— (1) the scope of efforts by the People’s Republic of China and Chinese Communist Party to utilize mobile applications to perform espionage on U.S. citizens, and business and organizations located in the United States; (2) the means and objectives of the People’s Republic of China and Chinese Communist Party in utilizing mobile applications to perform espionage and spread disinformation in the United States