The US assesses the impact of TikTok on national security

US Treasury Secretary Steve Mnuchin on July 29 announced that China's video sharing application TikTok is under consideration for U.S. national security, and the ministry will submit a recommendation on TikTok to President Donald Trump this week.

Speaking to the press at the White House, Minister Mnuchin said that with the function of analyzing the potential security risks from the agreements that Washington reached with foreign partners, the Foreign Investment Committee in the US (CFIUS), under the leadership of the Ministry of Finance, is evaluating the Tiktok application. CFIUS has full authority to force companies to cancel agreements or take measures to protect national security. Minister Mnuchin stated that CFIUS will submit a recommendation related to TikTok to President Donald Trump this week.

A representative for TikTok did not comment on the information, but said the platform was working to "develop the best security infrastructure". The TikTok side also objected to what the company called "malicious attacks" as per the position Facebook put forward. According to TikTok, this booming video sharing application helps to increase competitiveness in the US market. 

Earlier, on July 28, a group of Republican Senators in the US Senate increased pressure on TikTok, asking the US government to assess the application's threat to the threat of meddling in the election. US election coming.

The TikTok app currently has about 1 billion users worldwide. This application is especially popular with young smartphone users. The platform allows users to create short videos from 15 seconds to 1 minute. Since its launch in 2016, the app has been downloaded more than 2 billion times, making it the world's most popular social media platform.