The fact that TikTok has something like 70 million monthly active users in the U.S. is prima facie evidence that its existence is good for American consumers, who have chosen to consume it, regardless of any potential privacy issues.
I don't mean this to trivialize China's oppressive behavior. And sometimes the right way to punish regimes like China is with economic sanctions, even when those sanctions harm us as a side-effect - I don't know if that's the right answer in this case or not. But from a purely economic point of view, tit-for-tat trade sanctions are an own goal.
I don't mean this to trivialize China's oppressive behavior. And sometimes the right way to punish regimes like China is with economic sanctions, even when those sanctions harm us as a side-effect - I don't know if that's the right answer in this case or not. But from a purely economic point of view, tit-for-tat trade sanctions are an own goal.