Joe Biden Makes China Tiktok Spat Less Personal

Опубликовано: 03 Ноябрь 2024
на канале: NoteAWay
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#JoeBiden #BidenVsChian #Tiktok

Joe Biden Makes China Tiktok Spat Less Personal
   • Joe Biden Makes China Tiktok Spat Les...  

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A U.S. crackdown on Chinese video app TikTok is no longer so much about TikTok. President Joe Biden on Wednesday revoked his predecessor’s order to bar the social network and messaging service WeChat. Instead of singling out specific businesses, national security reviews will now depend on whether they are owned by foreign adversaries and other criteria.

Former President Donald Trump made antipathies toward individual companies part of his anti-China push. Last August, in an unprecedented move, he prohibited downloads of TikTok and WeChat from app stores. He also required TikTok's Chinese parent ByteDance to sell the U.S. assets of its video-sharing service. In a confusing process that never reached a conclusion, Trump lauded and then lambasted a potential transaction with Oracle (ORCL.N) and Walmart (WMT.N).

As a result, the government met legal setbacks in U.S. courts, and the download bans for TikTok and WeChat have not gone into effect. Judges said Trump’s actions violated the First Amendment and overstepped his emergency powers.

Biden’s new edict avoids naming names. He ordered the Commerce Department to examine apps for national security risks, including ownership or control by the Chinese government or other regimes perceived as unfriendly, and the collection of sensitive data on Americans. The prohibition or modification of transactions could follow in those cases.
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Credit to: https://www.reuters.com/

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