Smart for them to hire an American CEO, though. But I still believe FB has more lobbyists.
Another possible outcome is they will be forced to sell TikTok to some holding companies in the US.
China banning US services seems to have worked out just fine for their tech industry, so maybe more countries should do that, not fewer.
If they don't want to follow the "chinese model" because of any perceived stigma attached to it, then follow our model. The US became an economic powerhouse due to protectionism. Every major economy in the world developed under protectionism.
https://en.wikipedia.org/wiki/Protectionism_in_the_United_St...
I used to think it was because politicians are old and think tech is magic, but I'm just starting to believe most of them are outright lazy and incompetent.