Here's my take:

• 1st it orders an inquiry into election fraud in the past

• then makes a power to impose sanctions on persons or organizations (foreign only) who have directly or indirectly sort to interfere with the election, either by hacking or by use of propaganda/disinformation

• sanctions can include seizure of property, complete cut off from the US economic system

• This could mean they impose sanctions on the entire CCP (all 90 million)

• Could mean seizure of all CCP linked assets in the US (Land, bank accounts, stock portfolios)

Above is unlikely but also possible on my uneducated reading.

There's some interesting provisions:

For those persons whose property and interests in property are blocked pursuant to this order who might have a constitutional presence in the United States, I find that because of the ability to transfer funds or other assets instantaneously, prior notice to such persons of measures to be taken pursuant to this order would render those measures ineffectual. I therefore determine that for these measures to be effective in addressing the national emergency declared in this order, there need be no prior notice of a listing or determination made pursuant to section 2 of this order.

This basically means trump wants to be able to freeze funds without notice.

What's most interesting in reading the document, is how it looks like it was written for what we're seeing now. To me its a smoking gun that Trump knew ahead of time something was going to be done, it supports the 'trap' idea, as nuts as it sounds.

Trump was indeed playing 4d chess (not that I ever doubted him). The EO also requires a report and investigation, thus it makes sense they may have sprung a trap.

I'm thinking out loud now - feasibly he could use this to seize controlling interests in tech and other companies - not sure how many facebook / google shares are owned by CCPs but it might be a few.

(f) the term "foreign interference," with respect to an election, includes any covert, fraudulent, deceptive, or unlawful actions or attempted actions of a foreign government, or of any person acting as an agent of or on behalf of a foreign government, undertaken with the purpose or effect of influencing, undermining confidence in, or altering the result or reported result of, the election, or undermining public confidence in election processes or institutions;

Above is definition of foreign interference - this is very interesting, its quite broad. Can merely be deceptive. It could be said that social media companies + CNN/MSM were agents, acting on behalf of a foreign government, doing deceptive things to influence the election.

Makes the hunter Biden thing make sense too - that was the trap. They knew the MSM/SocMed would cover it up - the point of it was to get them to do something clearly deceptive, to cover for Beijing Joe.