U.S. lawmakers can’t force anything on foreign corporations.
If the bill passes in the House and Senate and is signed into law by President Biden, TikTok would eventually be dropped from app stores in the US if its owner doesn’t sell. It also would lose access to US-based web-hosting services.
ByteDance would be banned from the U.S. market and lose it’s webhosting on U.S. servers.
Also, what’s with the “foreign adversary” status of China?
Lol yea. They also maintain control over their big corpos and that must be threatening to the 9 corporations in a trench coat that the U.S. calls a government. Still, the world doesn’t need any more adversarial relationships, thank you very much U.S.A.
U.S. lawmakers can’t force anything on foreign corporations.
ByteDance would be banned from the U.S. market and lose it’s webhosting on U.S. servers.
Also, what’s with the “foreign adversary” status of China?
Actually a court in any country can prevent a company from doing something. When you do business in a country you have to abide by their laws.
That’s right, I totally came off wrong. I meant that U.S. lawmakers can’t force ByteDance to sell TikTok, as the headline implies.
Though possibly US operations could be sold off, whatever that would mean.
China is attacking us by having a bigger economy
Lol yea. They also maintain control over their big corpos and that must be threatening to the 9 corporations in a trench coat that the U.S. calls a government. Still, the world doesn’t need any more adversarial relationships, thank you very much U.S.A.
Unironically, so much of US/China hostility boils down to corporate market share