“China accused the United States on Thursday of spreading disinformation and suppressing TikTok following reports that the Biden administration was calling for its Chinese owners to sell their stakes in the popular video-sharing app,” the AP reports.
“The U.S. has yet to present evidence that TikTok threatens its national security and was using the excuse of data security to abuse its power to suppress foreign companies.”
Good point from John Gruber: “Banning TikTok or forcing the CCP to sell it makes sense both on national security grounds and as tit-for-tat trade policy. China effectively imposes an infinite tariff on U.S. social networks — none of them are available there. The U.S., to date, has imposed a 0 percent tariff on TikTok.”