The Trump administration’s move could put greater pressure on ByteDance, TikTok’s Chinese parent company, to accept more concessions in a deal to keep operating, said Daniel Ives, an analyst at Wedbush Securities, who called the announcement “shocking” in an email.
“We continue to believe this is a game of high stakes poker and this move put sharp teeth into threats by the Trump administration around the TikTok and WeChat bans,” Ives said.
The ban designed to prevent Google and Apple’s stores from allowing new downloads or routine app updates for U.S. users is only the beginning.
The department also said it would be illegal to host or transfer internet traffic associated with WeChat beginning on Sunday, and to do so with TikTok beginning Nov. 12. The administration reserved the right to prohibit additional restrictions in the future, if the companies find other ways to operate in the United States despite