World Desk, Tech for FTCP, Washington
Updated Mon, 17 Aug 2020 01:34 PM IST
Donald Trump (file photo)
– Photo: Twitter
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The Trump administration has been under increasing pressure on Chinese companies. The Trump administration has given 90 days to sell its American business to ByteDance, the parent company of Chinese app Ticketcock. In view of concerns about personal data and national security of American users, many Chinese companies are knocking in the eyes of Trump administration. Trump's statement about Alibaba is likely to increase China's restlessness.
Chinese apps are a threat to American security
Only last week, the US President prohibited transactions with the Chinese owners of TicketLock and WeChat. They said that they are a threat to America's national security, foreign policy and economy. At the moment it is not clear what this trump order means for Ticketock's 100 million users in the US.
ALSO READ- Donald Trump orders Chinese company to sell US property of Ticktock
On Saturday, Trump ordered China-based BiteDance to sell all its assets in the US in 90 days with the help of which the company operates the popular mobile app in the US. In an executive order issued on Friday, Trump said that he had found some credible evidence that convinced the Chinese company ByteDance to do something that would threaten to harm the US national security.