US President Donald Trump's Next Target: Alibaba tech giant company could be ban in US.

US President Donald Trump’s Next Target: Alibaba tech giant company could be ban in US

Business Politics
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Highlights:

Alibaba has become probably the biggest company in China because of the target of Trump.

Trump said that he could now set up pressure against more Chinese companies, such as Alibaba.

Earlier, Trump had given 90 days to the Chinese company Byte-Dance to sell Tik-Tok.

Washington:

After Tik-Tok. and WeChat, Alibaba is on the target of US President.

Trump said on Saturday that he could now mount pressure against more Chinese companies, for example, tech giant Alibaba.

Earlier, Trump had given 90 days to the Chinese organization Byte-Dance to sell Tik-Tok. When asked by reporters if they are considering banning Chinese companies like Alibaba? Then Trump said Yes, in fact they are thinking of other things.

Earlier on Friday, Trump gave Chinese company Byte-Dance 90 days to sell the Tik-Tok App business in the US.

A week ago, Donald Trump banned dealing the Chinese owner of Tik-Tok and WeChat. He said that Tik-Tok and WeChat are a dangerous to US national security. It is also harmful to international strategy and economic. It is not yet clear what the order means in terms of Tik-Tok. There are 100 million users of these apps in the US.

Byte-Dance is in talk with Microsoft:

Byte-Dance is in talk with Microsoft to buy Tik-Tok business in US. Also, Trump has set a cutoff time of September 15 to ban Tik-Tok in US. If there should be an occurrence of not accepting Microsoft or some other company. He has signed an executive request in such a manner. He had recently signed an order a banning the Chinese app Tik-Tok. Also, WeChat within 45 days.

Trump has sharply attacked China for making US-China trade relations, the major subject of his presidency. He praised the purchase of soybeans and corn as part of a trade deal late last year.

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