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Are TikTok’s Days Numbered?
Truth on the Market
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The U.S. Supreme Court will on Jan. 10 hear an appeal of a Dec. 6 decision from the U.S. Circuit Court of Appeals for the D.C. Circuit upholding a 2024 federal law requiring Chinese company ByteDance to divest itself of the TikTok platform. The law will take effect Jan. 19, unless the Supreme Court strikes it down.
Even assuming the law is upheld, it is possible that the new Trump administration may nevertheless consider whether to allow TikTok to continue to operate in the United States as a subsidiary of ByteDance.
The future status of TikTok merely foreshadows a large number of important business-related U.S.-China conflicts that will substantially affect economic growth and innovation.