• By The Financial District

AFTER BYTEDANCE, TRUMPS TARGETS ALIBABA, OTHER CHINESE FIRMS

Asked at a news conference whether there were other particular China-owned companies he was considering a ban on, such as Alibaba, US President Donald Trump replied: “Well, we’re looking at other things, yes.”

Trump has been piling pressure on Chinese-owned companies, such as by vowing to ban short-video app TikTok from the US, Steve Holland reported for Reuters on Sunday, August 16, 2020.


The US ordered its Chinese owner ByteDance on Friday to divest the US 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 wants to change US-China trade relationship a central theme of his dying presidency, is highly critical of China. Earlier, he reportedly asked Chinese President Xi Jinping to help his reelection campaign and praised Beijing’s purchases of agriculture products such as soybeans and corn as part of a trade agreement reached late last year.