Trump says he is looking to ban more Chinese companies

Komal FatimaWeb Editor

16th Aug, 2020. 10:32 am
US election 2020 Trump warns opponents

US President Donald Trump said that he could put pressure on more renowned Chinese companies such as Alibaba, after he announced to ban TikTok.

According to the International news agency Reuters, Mr. Trump was asked at a press conference whether he was considering to ban other Chinese companies such as Alibaba. He responded, “Well, we’re looking at other things, yes.”

Trump has been putting pressure on Chinese-owned companies, such as by deciding to ban short-video app TikTok from the United States. The United States ordered its Chinese owner ByteDance on Friday to divest the U.S. operations of TikTok within 90 days, the latest effort to ramp up pressure over concerns about the safety of the personal data it handles.

Trump, who has made changing the U.S.-China trade relationship a central theme of his presidency, has been sharply critical of China while also praising its purchases of agriculture products such as soybeans and corn as part of a trade agreement reached late last year.

United States (US) President Donald Trump once again targeted ByteDance with a new executive order ordering it to sell the US operations of its video-sharing app TikTok within 90 days.

Trump, last week, issued restrictions that TikTok and WeChat will end all operations in the US, his move aimed to counter China’s rising global power.

ByteDance bought karaoke video app Musical.y from a Chinese rival about three years ago in a deal valued at nearly a billion dollars. It later incorporated into TikTok, which turned out to be global popularity.

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