WASHINGTON - US President Donald Trump's war on Chinese technology firms has changed the ground rules for global business, underscoring a new political reality that could have negative repercussions for American firms.
Trump's moves on TikTok and other Chinese firms"are eroding confidence in US leadership," said Darrell West, who heads the Brookings Institution's Centre for Technology Innovation. "Maybe the deal will protect national security as the Trump administration claims, but it reeks of corporate cronyism that will damage the US government's credibility and reputation for free-market rules," the business daily said.
Edward Alden, a senior fellow at the Council on Foreign Relations, said the drama could harm US interests by discouraging foreign investment.
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