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Trump signs order to put a stop to transactions with eight Chinese apps

by Jan 6, 2021News0 comments

Trump-signs-order-to-put-a-stop-to-transactions-with-eight-Chinese-apps
Trump-signs-order-to-put-a-stop-to-transactions-with-eight-Chinese-apps

US President Trump signs order to put a stop to transactions with eight Chinese apps, including Ant Group’s Alipay, the White House said, escalating tensions with Beijing before President-elect Joe Biden takes office this month.

Meanwhile, Chinese authorities are planning to force Ant Group to share consumer-credit data troves, a further push to curb what Beijing regards as its unfair competitive advantage over smaller rivals, The Wall Street Journal reported.

US President Donald Trump has signed an executive order banning transactions with eight Chinese software applications, including Ant Group’s Alipay, the White House said, escalating tensions with Beijing before President-elect Joe Biden takes office this month.

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Meanwhile, Chinese authorities are planning to force Ant Group to share consumer-credit data troves, a further push to curb what Beijing regards as its unfair competitive advantage over smaller rivals, The Wall Street Journal reported. Trump-signs-order-to-put-a-stop-to-transactions-with-eight-Chinese-apps

A US official told Reuters that even though the order gave the Commerce Department 45 days to act, the department plans to act before January 20 when Trump leaves office to identify prohibited transactions.

Trump’s order says, “by accessing personal electronic devices such as smartphones, tablets, and computers, Chinese connected software applications can access and capture vast swaths of information from users, including sensitive personally identifiable information and private information.”

It added the data collection “would permit China to track the locations of federal employees and contractors, and build dossiers of personal information”.

The Chinese embassy in Washington, DC did not immediately respond to a request for comment.

Another official said the order mirrors earlier Trump executive orders signed in August directing the Department of Commerce to block some transactions with WeChat and Chinese-owned TikTok seeking to bar some transactions that have been blocked by US courts. Trump-signs-order-to-put-a-stop-to-transactions-with-eight-Chinese-apps.

Trump-signs-order-to-put-a-stop-to-transactions-with-eight-Chinese-apps

Any new transactions prohibited by the Trump administration are likely to encounter similar court challenges as the Commerce Department faced when it sought to block transactions with WeChat and TikTok. The department’s orders would have effectively banned the Chinese app’s use in the US and barred Apple Inc and Alphabet Inc’s app stores from offering them for download for new users. Trump-signs-order-to-put-a-stop-to-transactions-with-eight-Chinese-apps Here

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