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.
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