After his pressure move to force action on TikTok deal, U.S. President Donald Trump moving to exert pressure on more Chinese companies such as technology giant Alibaba.
When asked at a news conference whether there were other particular China-owned companies he was considering a ban on, such as Alibaba, President Trump replied: “Well, we’re looking at other things, yes.”
The US President has been putting pressure on Chinese-owned companies with a hard stance on Huawei and now TikTok over concerns about the safety of the personal data it handles.
Earlier, The United States ordered its Chinese owner ByteDance to divest the U.S. operations of TikTok within 90 days.
Unlike ByteDance or Huawei who have made considerable progress in the American soil right before Capitol Hill cut their access to US technology companies, Alibaba hasn’t had much success expanding into Western markets. Yet, its status as a national tech champion in China be could be the reason enough for the US administrators to target it.
Alibaba hasn’t yet been threatened with the same kinds of sanctions that US President Donald Trump has proposed or levied against other Chinese tech firms. And Trump has even spoken fondly of company founder Jack Ma, calling him a “friend of mine” earlier this year after the Chinese billionaire said he would donate supplies for fighting the coronavirus pandemic.