This is not about us vs them. No apps from Australia, Europe or Africa are on the list of banned apps. Its China where in order to do business there, you have to give the government access to your trade secrets and full server access without a warrant.
While its possible for any company to succumb to government pressure for unreasonable access, it is a prerequisite to do so in China. The world knows this.
Hong Kong's new national security law is plenty proof that China is not a genuine partner and is a bad faith actor. Your right to look at TikTok videos does not trump anyone else's right for security.