Trump preps bans on WeChat, TikTok, stoking tension with Beijing

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China said on Friday the companies comply with U.S. laws and regulations and warned that the United States would have to 'bear the consequences' of its action

WASHINGTON - U.S. President Donald Trump has unveiled sweeping bans on U.S. transactions with the Chinese owners of messaging app WeChat and video-sharing app TikTok, escalating a high-stakes confrontation with Beijing over the future of the global tech industry.

TikTok has come under fire from U.S. lawmakers over national security concerns surrounding data collection as distrust between Washington and Beijing grows. Reuters on Sunday reported that Trump has given Microsoft Corp 45 days to complete the purchase of TikTok's U.S. operations. U.S. social media and messaging services such Facebook Inc's WhatsApp and Messenger are blocked in China, where a"great firewall" prevents citizens from freely accessing the worldwide web, and where online communication is routinely monitored and censored.

The yuan, a barometer of Sino-U.S. relations, posted its steepest drop since the United States expelled China from its Houston consulate a little over two weeks ago. [CNY/]Trump issued the orders under the International Emergency Economic Powers Act, a law that grants the administration sweeping power to bar U.S. firms or citizens from trading or conducting financial transactions with sanctioned parties.

 

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Biggest censorship in history. Better to ban cnn

they gonna send us more virus ?

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