The Trump administration has backed down from a proposal to ban Americans from investing in Alibaba, Tencent Holdings and Baidu over concerns that the companies had ties to the Chinese military, the Wall Street Journal reported. Officials at both the State and Defense Departments had been pushing for an investment ban, while the Treasury Department opposed the restriction, saying it could lead...
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The Weekend culture policy
Ban It, Divest It or Regulate It? Washington Looks for an Answer to TikTok
Hi, welcome to your Weekend!Interesting dinner table discussion this week: My 13-year-old daughter, hearing about Nancy Scola’s cover story on TikTok’s war in Washington, offered her prediction for what would happen if the U.S. took the drastic step of banning the app.“Every teenager in America would refuse to come out of their rooms,” she said. “They’d be so mad. They just wouldn’t go out...
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