With new export rules, China has become the arbiter of TikTok’s fate, not Trump

REUTERS/Eric Thayer

Imagine a bidder wanting to buy KFC, but being told the deal might not include the Colonel’s 11 secret herbs and spices. That’s effectively what Beijing has told the list of US companies keen to purchase short-video app TikTok: The key ingredients may be out of reach.

At first it looked like the Trump administration had it all figured out.

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