I truly wish Trump would have been able to actually ban TikTok (or at least force a sale). The recent twitter files show that the bond between Government and social media companies is a little too close... but it would be foolish to suggest that the lesser of the two evils here is China. It is actually insane that we let China do whatever they want here while US companies are effectively prevented from gaining a foot…
I wish people, at least of this site, would stop with this argument. US and European companies in China simply have to follow the same rules Chinese companies have to. It's admirable that they then go ahead and just don't do business there but they're not being prevented from operating there under the same rules as any Chinese company. A German car company cannot sell cars in the US without backup cameras even though that's completely fine in Germany. If someone from Iran wants to do business in the US, it's not legal to discriminate based on religion even though that might be fine in Iran.
Maybe it's time to overhaul the laws altogether. Just make the data collection itself illegal for everyone and be done with it. Then companies from all around the globe can decide whether they want to operate in a market or not and completely banning companies that openly don't follow the law is not really controversial.
If the ban happens because they're collecting data and the collection itself is illegal, I'm all for it. Banning companies on the basis that they're doing the exact same thing as everyone else simply because they're from another nation is problematic.