To all the people pontificating about who they'd rather have spy on them:
This isn't about spying. This is about money and trade relations with china. The fact that the business in question has a side effect of spying is nice but it's not the primary motivator. TikTok is the first Chinese tech platform to strike it rich in the US and the administration sees itself as trying to give them a dose of their own medicine.
Bingo. ...and this point is made clear by the US demand that China fork over the TikTok source code - something China routinely demands of foreign companies.
This isn't about spying. This is about money and trade relations with china. The fact that the business in question has a side effect of spying is nice but it's not the primary motivator. TikTok is the first Chinese tech platform to strike it rich in the US and the administration sees itself as trying to give them a dose of their own medicine.