The US May Lose in Trump’s TikTok War
US President Donald Trump's apparent attempt to force the sale of Chinese social-media app TikTok to an American buyer introduces substantial risks – not least to US firms. By acting as if there were no rules to international business, Trump is all but ensuring that there won't be.
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NEW YORK – Following US President Donald Trump’s vow to block US access to TikTok, the popular short-video app’s Chinese parent company, ByteDance, has been in frantic talks with Microsoft, presumably to sell its subsidiary quickly before the ban goes into effect.