If there is any rule of law in the country, this should be against the constitution.
If the US does this, they'll be losing a lot of goodwill founders from other countries have about the US.
The US is uniquely thought of as a part of every country for business. If you're from third world country but you'd like to do a tech business in the US, you're free to do so without much hurdles by the government. Open competition. No other country is like that.
This is what separated the US from the rest of countries like China. You'd dream that in case your startup got big, you'd move to the US, and hire quality engineers/researchers there. You'd like American protection on free speech to protect your company. Your company would not be banned for 'hurting' people. Rule of law. This is increasingly no longer the case.
Now the US is starting to feel like China and the EU more and more. Even if China's economy was bigger than the US, the US would still be in a good position because of their appearance and rule of law. When it's going to be similar to China, why not just do business with China first altogether since they're going to be the bigger economy? China is slowly becoming more liberal to founders from 3rd world countries now. While America seems to not notice this right now, China is slowly becoming more open to competition from poorer countries. The difference is stark even compared to 5 years ago.
Maybe China might not be so much fair right now to American companies because of a power imbalance where the US is too far ahead on certain things that they feel like after their companies catch up, they want to allow open competition. And they seem to progressing to this trajectory.
India has banned it through possible dubious legal means wouldn't pass muster in most western countries, which I think ByteDance expects will be lifted sometime in the future, since they haven't gone to court over it, and seemingly engaging in some sort of dialogue with the government over it. India had earlier banned it for sometime over allegations of 'pornography', but that was lifted.
I hope to god that China halts trade with the US to show it what a real trade war looks like. It would put an end to the bullshit US exceptionalism of our country, and maybe we’d become more civilized players in the world stage as we learn some humility.
If the US does this, they'll be losing a lot of goodwill founders from other countries have about the US.
The US is uniquely thought of as a part of every country for business. If you're from third world country but you'd like to do a tech business in the US, you're free to do so without much hurdles by the government. Open competition. No other country is like that.
This is what separated the US from the rest of countries like China. You'd dream that in case your startup got big, you'd move to the US, and hire quality engineers/researchers there. You'd like American protection on free speech to protect your company. Your company would not be banned for 'hurting' people. Rule of law. This is increasingly no longer the case.
Now the US is starting to feel like China and the EU more and more. Even if China's economy was bigger than the US, the US would still be in a good position because of their appearance and rule of law. When it's going to be similar to China, why not just do business with China first altogether since they're going to be the bigger economy? China is slowly becoming more liberal to founders from 3rd world countries now. While America seems to not notice this right now, China is slowly becoming more open to competition from poorer countries. The difference is stark even compared to 5 years ago.
Maybe China might not be so much fair right now to American companies because of a power imbalance where the US is too far ahead on certain things that they feel like after their companies catch up, they want to allow open competition. And they seem to progressing to this trajectory.