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© Thomson Reuters 2025.TikTok gets reprieve with Trump order but with twist
By David Shepardson and Katie Paul WASHINGTON©2025 GPlusMedia Inc.
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lincolnman
The "twist" must be the millions in bribes Xi gave to Musk on their recent meeting...
Besides heading DOGE, Elon is also performing as Trump's "bag man"....
hooktrunk2
In retaliation I can imagine China demanding half ownership of a US tech company, say like Apple.
TaiwanIsNotChina
That's a good point: Apple should stop doing business in China as well.
deanzaZZR
In the grand scheme of things TikTok means nothing to Xi and the Beijing leadership. Why would it?
lostrune2
China already requires it on foreign companies in China, despite other countries not requiring it on Chinese companies. China calls the requirement "The Negative List" - foreign companies have to joint equal-partnership 50/50 with domestic Chinese companies before they can do business in China, even when that foreign company has the capacity to go at it alone
It forces foreign companies to share their intellectual property and know-how, that the Chinese company can learn, build up their own brand and market acceptance, and then in the future become a competitor to that foreign company. That's one of the devious ways China forces foreign companies to give up their secrets and transfer that knowledge to Chinese companies
That's what contributes to when people say China steals foreign know-how (another is thru state-hacking of private companies of course, while another less-known is when ethnic Chinese absconds to China with secret data stolen while working for foreign companies overseas but China never prosecutes them - China allows it because that bypasses years of expensive R&D and immediately catch up to foreign know-how)
theFu
Trump doesn't have the power to remove a law that has been passed already though an executive order. Any company allowing TikTok to work after Sunday is violating US law. Period.
What Trump can do is suggest that the US Attorney General not bring charges. However, non-Federal attorneys are free to bring those charges. A number of states will be doing that shortly.
deanzaZZR
Donald Trump says he’s open to Elon Musk buying TikTok ‘if he wanted to’
https://www.scmp.com/news/china/article/3295718/donald-trump-says-hes-open-elon-musk-buying-tiktok-if-he-wanted?utm_source=rss_feed
Hercolobus
Extortion or obstruction of business