This is a protection against PunyCode abuse as described in below article.

https://arstechnica.com/security/2017/04/chrome-firefox-and-opera-users-beware-this-isnt-the-apple-com-you-want/

Notes:

Only sites whose host name uses Latin-extended or Latin-like characters, will be warned.

When clicking on a static link, confirmation dialog will be triggered only if points to a different site whose host name contains suspicious punycode (as described above).

Scripts will still be able to navigate to a possibly fake website in the current tab without triggering the confirmation prompt. However, upon arriving to the website, the user will still be prompted with a confirmation dialog.