Trump has tossed TikTok a lifeline. But China’s not happy
CNN
For many of America’s 170 million TikTok users, US President Donald Trump’s move to delay a legal ban of the popular social media platform was cause for celebration. But in China, where TikTok’s parent company is based, the reception has been less positive.
For many of America’s 170 million TikTok users, US President Donald Trump’s move to delay a legal ban of the popular social media platform was cause for celebration. But in China, where TikTok’s parent company is based, the reception has been less positive, largely because Trump has suggested he could require the company to give up a 50% stake to avert a shutdown and suggested tariffs on Chinese goods could hinge on whether Beijing approves a potential future deal. When asked about Trump’s vision for the future of TikTok, China’s Foreign Ministry said the “operation and acquisition of companies” should be “decided by companies” and in line with Chinese law. The US should “earnestly listen to the voice of reason” and “provide an open, fair, just and non-discriminatory business environment” for companies from all countries, spokesperson Guo Jiakun said Tuesday. Hours after his inauguration Monday, Trump issued an executive order delaying for 75 days the enforcement of a controversial law, which requires that TikTok be banned in the US unless it sells to a buyer from America or one of its allies. The executive action followed a pledge from Trump on Sunday that he would delay enforcement. TikTok said that assurance allowed it to come back online after going dark for more than 12 hours over the weekend.
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