Experts say Washington's pressure on Chinese tech giants is due to national security concerns and worries about the competitive threat to American firms.
The U.S. government is looking into TikTok owner ByteDance's acquisition of Musical.ly, and saying it could be a national security risk.Experts told CNBC that the Trump administration's focus on Chinese tech giants is due to national security concerns, worries about the competitive threat to American firms and potentially to get leverage in trade negotiations.
Washington has also been pushing the government of Taiwan to restrict Taiwan Semiconductor Manufacturing Company from selling chips to Huawei, according to aA TSMC spokesperson told CNBC the company has not received any requests from the U.S. or Taiwan government to stop shipping chips to Huawei.to include a number of Chinese surveillance firms including Hikvision, one of the world's biggest companies for such technology.The U.S.
China and the U.S. are moving toward signing a "phase one" trade deal. But moves against Chinese technology could be part of a longer term game, even if the trade war does finally end.
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