China. Yeah, except that any business can just buy that information. I can buy your day-to-day movements for dirt cheap. I own a non-American company (though I'm still an American citizen, but that isn't a factor), and it is insanely cheap to get information about any American you want. Hell, BingBot will tell you all about me, what I do for a living and where I live.
This is about China, but it is a stupid and pointless zero-point game. This bill would get shot down in 30s for being unconstitutional, especially if the company has an American LLC or corporation (making it a legal entity protected by the constitution). Further, you'd think congress would have learned from prohibition that banning something ... hmm, doesn't work? At all? How would you even enforce something like this, stop people randomly to violate their privacy further and search their phone? Will this be another thing to get arrested for when you have a 'broken tailight'?