Alibaba next? After TikTok\, Trump looking at pressuring other Chinese firms

Alibaba next? After TikTok, Trump looking at pressuring other Chinese firms

Trump has been piling pressure on Chinese-owned companies, such as by vowing to ban short-video app TikTok from the United States

Topics
TikTok | Donald Trump | Chinese firms

Reuters  |  Bedminister (New Jersey) 

Donald Trump
Asked at a news conference whether there were other particular China-owned companies he was considering a ban on, such as Alibaba, Trump replied:

US President said on Saturday he could exert pressure on more Chinese companies such as technology giant after he moved to ban

Asked at a news conference whether there were other particular China-owned companies he was considering a ban on, such as Alibaba, Trump replied: "Well, we're looking at other things, yes."
 

Trump has been piling pressure on Chinese-owned companies, such as by vowing to ban short-video app from the The ordered its Chinese owner ByteDance on Friday to divest the US operations of within 90 days, the latest effort to ramp up pressure over concerns about the safety of the personal data it handles.

Trump, who has made changing the US-China trade relationship a central theme of his presidency, has been sharply critical of China while also praising its purchases of agriculture products such as soybeans and corn as part of a trade agreement reached late last year.

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First Published: Sun, August 16 2020. 08:28 IST