TikTok Faces US Ban Unless China Hands Over Control, Lutnick Says

Commerce Secretary Howard Lutnick has warned that TikTok will be shut off for U.S. users unless China grants Washington greater control over the platform.
“We’ve made the decision. You can’t have Chinese control and have something on 100 million American phones,” Lutnick told CNBC’s “Squawk on the Street” on July 24.
TikTok’s future in the United States has been uncertain since Congress passed a bill last year that would ban the app in the country unless its Chinese owner, ByteDance, divested from it.
President Donald Trump recently extended the deadline for Chinese divestiture for a third time, giving ByteDance until Sept. 17 to act—or face a shutdown…. 

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