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WEDNESDAY, JULY 23, 2025
Trump says looking at pressuring other Chinese companies after Bytedance

Tech

Reuters
16 August, 2020, 07:50 am
Last modified: 16 August, 2020, 07:54 am

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Trump says looking at pressuring other Chinese companies after Bytedance

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

Reuters
16 August, 2020, 07:50 am
Last modified: 16 August, 2020, 07:54 am
A logo of Alibaba Group is seen at the company's headquarters in Hangzhou, Zhejiang province, China, November 18, 2019. Reuters/Aly Song
A logo of Alibaba Group is seen at the company's headquarters in Hangzhou, Zhejiang province, China, November 18, 2019. Reuters/Aly Song

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

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 orders ByteDance to divest interest in US TikTok operations within 90 days

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

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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.

Top News / World+Biz

Alibaba Group / TikTok ban / ByteDance / Donald Trump / US

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