May29 , 2026

Money Talks: Trump’s TikTok Triumph

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TikTok returned to American screens on Sunday after a brief blackout, as Donald Trump promised the app a 90-day lifeline. The social media platform’s shutdown and revival spotlights growing rifts between U.S. and Chinese tech spheres.

Breaking the Ban

The U.S. Congress passed the ban through its Foreign Adversary Controlled Applications Act, which ordered ByteDance to sell TikTok’s U.S. business. Traffic to TikTok domains dropped 85% after the shutdown began on 19 January at 03:30 UTC. ByteDance’s network traffic in the US fell by 95%, while users encountered shutdown messages on their screens.

Donald Trump’s change of heart proved decisive. Despite backing a ban in 2020, Trump pledged to grant TikTok breathing room through an executive order on his first day in office. His proposal envisions joint U.S.-Chinese ownership, with America holding 50% stake in a new venture.

House Speaker Mike Johnson pushed back, saying Republicans read Trump’s stance as support for “true divestiture” rather than continued Chinese control. Johnson stressed concerns about Chinese Communist Party manipulation of algorithms and harmful content targeting American youth.

Money Talks: New Players Enter the Game

As TikTok wobbled, Perplexity AI moved to catch it. The Jeff Bezos-backed company offered to merge with TikTok’s U.S. operations, bringing artificial intelligence prowess to the video platform. The deal would let ByteDance’s investors keep their stakes while adding new capital partners.

Facebook parent Meta played rougher. Meta paid Republican firm Targeted Victory to paint TikTok as a threat to American children through planted news stories and opinion pieces. The campaign placed op-eds in major regional outlets and promoted stories about dangerous TikTok trends that actually started on Facebook.

Other tech rivals rushed to fill the gap. X launched a video tab, while Elon Musk teased bringing back Vine. Instagram unveiled “Edits,” copying TikTok’s CapCut video editor. Snapchat boosted creator features and allowed longer videos to match TikTok’s 10-minute limit.

But topping app charts was RedNote. The Chinese platform now faces similar legal hurdles under the new law. Rep. Mich McCormick told reporters: “We will legislate against them. We have to.”

The law blocks apps from “foreign adversaries” in American app stores. RedNote, owned by Shanghai-based Xingyin Information Technology, matches this criteria. Rep. Beth Van Duyne warned that if apps like RedNote become TikTok alternatives, Congress will close that “loophole.”

Users Fight Back as Apps Adapt

The TikTok ban sparked some protest. A Wisconsin teen set fire to Rep. Glenn Grothman’s office building over the shutdown. Grothman had called TikTok a national security threat that exposed American data to “Communist China.”

British officials took a different path to object. Cabinet minister Darren Jones defended allowing TikTok to operate, saying users posting cat videos pose no security threat. The UK banned TikTok only on government devices.

Historically, during periods of prohibition or restriction, individuals find ways to circumvent bans, often viewing restricted items as forbidden fruit. Many users may resort to VPNs or other means to access TikTok despite official restrictions.

Alternatively, users might migrate to other platforms that could evolve into their own versions of TikTok. The appetite for short-form video content is unlikely to diminish.

For now, TikTok’s return offers temporary relief, but questions linger about Chinese apps in American cyberspace. Trump’s promised executive order may chart a new course for social media’s borders.

Keep up with Daily Euro Times for more updates!

Read also:

America First: America’s Great Firewall?

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Competitive Edge: Britain and AI 

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