financetom
Business
financetom
/
Business
/
Biden says he would sign TikTok crackdown, Trump raises concerns
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Biden says he would sign TikTok crackdown, Trump raises concerns
Mar 8, 2024 4:49 PM

WASHINGTON, March 8 (Reuters) - President Joe Biden said

on Friday he would sign legislation that gives China's ByteDance

about six months to divest the popular TikTok short video app as

his rival Donald Trump raised concerns about a ban of the

service used by 170 million Americans.

The U.S. House of Representatives plans to vote on Tuesday

or Wednesday of next week on the TikTok crackdown bill after a

committee on Thursday unanimously approved the measure. The

House will vote on the proposal under rules requiring two-thirds

of members to vote "yes" to win approval.

"If they pass it, I'll sign it," Biden, a Democrat, told

reporters. The bill faces an uncertain outcome in the Senate,

where some lawmakers say they want changes to the legislation.

Republican Trump, who is seeking a return to the White House

in the November election, expressed objections to banning

TikTok, saying on social media: "If you get rid of TikTok,

Facebook ... will double their business," and added he does not

want Facebook "doing better."

Trump previously criticized Facebook parent Meta Platforms ( META )

for revoking his access to Facebook and Instagram after

removing two of his posts during the Jan. 6, 2021, U.S. Capitol

riot. His accounts were reinstated in February 2023.

The Trump campaign did not immediately comment on whether he

has a position on the legislation. Meta Platforms ( META ) declined to

comment.

The Justice Department told the House Committee on Energy

and Commerce that a divestiture bill, rather than a bill banning

TikTok, would put the government in a stronger legal position,

according to a document seen by Reuters.

Mike Pence, who served as vice president under Trump,

endorsed the proposed House legislation on TikTok. "China is

poisoning the minds of American children. Enough is enough," he

wrote on social media site X, formerly known as Twitter.

The bill would give ByteDance 165 days to divest TikTok. If

it failed to do so, app stores operated by Apple ( AAPL ),

Alphabet's Google and others could not legally offer

TikTok or provide Web hosting services to ByteDance-controlled

applications.

In 2020, Trump sought to ban TikTok and Chinese-owned WeChat

but was blocked by the courts.

Republican Senator Rand Paul, who previously blocked

attempts to fast-track a TikTok ban, responded to Trump's

statement that said the former president helped address concerns

about U.S. users of TikTok through a $1.5 billion company

project.

"So why is the House GOP siding with Biden and still trying

to ban Tik Tok?" Paul wrote on X, using an acronym for

Republicans. "If Congress bans TikTok, they will be acting just

like the Chinese communists who have also banned TikTok ... Why

not just defend the first amendment?"

Trump said in an August 2020 executive order that TikTok

data collection "threatens to allow the Chinese Communist Party

access to Americans' personal and proprietary information -

potentially allowing China to track the locations of Federal

employees and contractors, build dossiers of personal

information for blackmail, and conduct corporate espionage."

TikTok, which says it has not and would not share U.S. user

data with the Chinese government, argues the House bill amounts

to a ban. It is unclear if China would approve any sale or if

TikTok it could be divested in six months.

"This legislation has a predetermined outcome: a total ban

of TikTok in the United States," the company said after the

House Energy and Commerce Committee vote. "The government is

attempting to strip 170 million Americans of their

Constitutional right to free expression."

The app is popular and getting legislation approved by both

the House and Senate in an election year may be difficult. Last

month, Biden's re-election campaign joined TikTok.

Trump's campaign has not joined TikTok.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Canada to take legal action against US for tariffs
Canada to take legal action against US for tariffs
Feb 2, 2025
OTTAWA (Reuters) - Canada will take legal action under the relevant international bodies to challenge the 25% tariffs imposed by the United States on most Canadian goods, a senior government official said on Sunday, calling the tariffs illegal and unjustified. The comments come a day after Prime Minister Justin Trudeau announced a wide array of retaliatory levies of 25% on...
OpenAI cites US roots to dodge India courts, but lawyers say case can be heard
OpenAI cites US roots to dodge India courts, but lawyers say case can be heard
Feb 2, 2025
NEW DELHI (Reuters) -OpenAI faces an uphill climb as it argues that Indian courts cannot hear lawsuits about its U.S.-based business in the country, where Telegram has failed with similar defences and U.S. technology firms have faced government heat on compliance. OpenAI, which counts India as its second biggest market with millions of users, is locked in an intense court...
Beyonce and Miley Cyrus duet claims country prize at Grammys
Beyonce and Miley Cyrus duet claims country prize at Grammys
Feb 2, 2025
* Beyonce aiming for first album of the year trophy * Show will raise money for wildfire relief * Taylor Swift also in the running for album prize By Lisa Richwine LOS ANGELES, Feb 2 (Reuters) - Beyonce and Miley Cyrus won the Grammy Award for best country duo or group performance on Sunday in one of the first honors...
Soccer-Man United's Rashford joins Aston Villa on loan
Soccer-Man United's Rashford joins Aston Villa on loan
Feb 2, 2025
Feb 2 (Reuters) - Manchester United ( MANU ) forward Marcus Rashford has joined Aston Villa on loan, both Premier League clubs announced on Sunday. Rashford, who has been capped 60 times by England, will join Villa until the end of the season. I was lucky to have a few clubs approach me but Aston Villa was an easy decision...
Copyright 2023-2026 - www.financetom.com All Rights Reserved