Home » today » Business » Trump bans transactions with parent company TikTok, Björn Soenens: “He does not want a lot of money in sales”

Trump bans transactions with parent company TikTok, Björn Soenens: “He does not want a lot of money in sales”

China downright calls it robbery by an American company. The country does not see the problem with TikTok. China claims that the private data of TikTok users is simply on US servers. “This is a new one Cold War, a geopolitical struggle, one on a technological level between the Americans and the Chinese, “said Soenens.

President Trump has been targeting TikTok for some time. Last week, he threatened to ban the app from anywhere in the US if a US company does not purchase the app from ByteDance by September 15. The ban on financial transactions would prevent ByteDance from continuing its operations in the U.S. after that date. In the US alone, there are a hundred million users of TikTok. The app is said to have been downloaded 2 billion times worldwide.

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