Also, according to the Supreme Court, SAP, Volkswagen, and Sony are entitled to due process under our Constitution. Courts make a distinction between (1) public or privately-owned enterprises, (2) state-owned enterprises that function independently of the state, and (3) state-owned enterprises that function as the alter ego of the foreign state.
Companies in the first two categories are entitled to due process under the U.S. Constitution. When it comes to China, there is a blurry line between companies and the CCP, so it's not clear where they fall here.
This one of the better/saner things this administration has done, if anything, these should have been accelerated to avoid another USSR style Cold War with China.
The same is might be true of ByteDance as well. It's not actually clear that Trump has the authority to ban TikTok. It could just be more bluster.
I didn't think State Governor's could ban legitimate business activity until very recently either.
Ice cream parlors? Are they necessary? No, but they're allowed to be open.
Hair cutting? Closed. Restaurants to-go food and alcohol? Open. Bars? Closed. Hiking trails? Open. Camping? Closed.
Very little makes sense, and almost all of it is political.
If the Government wants to prevent you from operating your otherwise legal and legitimate business, they should have to pay you for lost revenue.
That's how it's been done in my state, and we've done very well compared to the rest of the nation. If we (nationwide) had actually shut down in the beginning instead of half-assing it we wouldn't be where we are now.