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Trump to act on Chinese software companies in coming days, Pompeo says

Economy Aug 02, 2020 11:20AM ET
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© Reuters. U.S. Secretary of State Pompeo testifies before Senate Foreign Relations Committee

WASHINGTON (Reuters) - President Donald Trump will take action shortly on Chinese software companies that are feeding data directly to the Beijing government, posing a risk to U.S. national security, Secretary of State Mike Pompeo said on Sunday.

"President Trump has said 'enough' and we're going to fix it and so he will take action in the coming days with respect to a broad array of national security risks that are presented by software connected to the Chinese Communist Party," Pompeo said on Fox News Channel's "Sunday Morning Futures."

The news comes after Trump told reporters onboard Air Force One on Friday that he would issue an order for social media platform TikTok to be banned in the United States as early as Saturday.

Over the last several months, U.S. officials have repeatedly said TikTok under its current Chinese parent company, Beijing-based software firm ByteDance, poses a national risk because of the personal data it handles.

"They're true privacy issues for the American people and for a long time, a long time the United States just said 'well goodness if we're having fun with it, or if a company can make money off of it, we're going to permit that to happen,'" Pompeo said.

In response, under a recent proposal, ByteDance is willing to divest the U.S. operations of TikTok to Microsoft (NASDAQ:MSFT) in a bid to make a deal with the White House, two people familiar with the matter told Reuters on Saturday. That offer has gained some support from allies of the president, including Republican Senator Lindsey Graham (NYSE:GHM).

In a separate interview on Sunday, Treasury Secretary Steven Mnuchin said the Committee on Foreign Investment in the United States, which reviews the national security implications of foreign business deals, is looking at the matter.

Trump to act on Chinese software companies in coming days, Pompeo says
 

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Comments (4)
David David
David9 Aug 02, 2020 5:04PM ET
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Trump needs to understand from Elon Musk...‘China rocks, in my opinion. The energy in China is great... there’s like a lot of smart, hard working people. And they’re really — they’re not entitled, they’re not complacent.’
Suman Jutur
Suman Jutur Aug 02, 2020 5:04PM ET
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maybe you guys should stop cheating, stealing and lying and also eating bats.
David David
David9 Aug 02, 2020 5:04PM ET
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Suman Jutur Please provide proofs...we waiting...
David David
David9 Aug 02, 2020 2:21PM ET
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This will not be an issue...if he takes this route then VPN will be much more common and users will adapt to using more VPN as normality.
bert prince
bert prince Aug 02, 2020 2:21PM ET
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one may outlaw vpn
Johnny Crash
Johnny Crash Aug 02, 2020 2:21PM ET
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Yeah, great idea to VPN into China
Me comment
Me comment Aug 02, 2020 1:52PM ET
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Trump administration late again, closing the door after the horse is out of the barn. China already has the information of everyone currently using tiktok and they will be coming for you.
Kaveh Sun
Kaveh Sun Aug 02, 2020 10:45AM ET
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Make a simple rule: use servers in the west for westerners. None of westerners’ data, internet traffic, etc should send to china unless that person purposely does it.
Sade Ocak
Sade Ocak Aug 02, 2020 10:45AM ET
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You are makig sense...do you think this WH admin likes “sense”?
 
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