Beijing’s internet restrictions have already forced most American social media firms out of the Chinese market, narrowing the list of potential targets for a tit-for-tat response.
Driving TikTok – or its Chinese owner – out of the US could challenge that calibration. Officials in 2023 displayed their willingness to respond in kind to a US campaign to kneecap Beijing’s access to advanced semiconductors, for example, by launching a probe into American memory chipmaker Micron Technology.
Any Chinese action would likely try to avoid inflicting harm on its own economy, as policymakers battle a property crisis that is weighing on growth along with weak domestic demand.to press US concerns about Chinese companies’ support for Russia’s war machine.
Still, China has other, less well-documented weapons at its disposal – including restricting US access to the world’s second-largest economy, a persistent point of friction between Beijing and Washington. Intel was forced to walk away from its US$5.4 billion takeover of Tower Semiconductor in 2023 after failing to win Chinese regulatory approval in time, a move seen by some in Washington as a response to Mr Biden’s sweeping chip curbs.
The company itself has said it would take legal action if the Bill is signed into law. That would see the platform rely on the First Amendment argument, as it has done to fend off a state ban in Montana, in an effort that could span years.
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