Alibaba is next in US ban list?

Alibaba is next in US ban list?

Asked at a news conference whether there were other particular China-owned companies he was considering a ban on, such as Alibaba, Trump replied: “Well, we’re looking at other things, yes

AgenciesUpdated: Monday, August 17, 2020, 11:35 PM IST
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US President Donald Trump has indicated that he was looking to ban other Chinese-owned companies, including e-commerce giant Alibaba in the United States, days after signing an executive order targetting TikTok's parent company, ByteDance, Fox News reported.

Asked at a news conference whether there were other particular China-owned companies he was considering a ban on, such as Alibaba, Trump replied: “Well, we’re looking at other things, yes,” reports the Reuters.

The development came after Trump issued an executive order on August 14, requiring ByteDance to divest its interests in TikTok's operations in the US within 90 days.

"There is credible evidence that leads me to believe that ByteDance ... might take action that threatens to impair the national security of the United States," Trump said in the order.

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