The ban/unbanned of Tiktok in the US.

The ban of TikTok is a clear message of a drastic change in the world of international trade policy, setting new precedents in the business world.

1. The president of the free world decision to ban TikTok tells businesses that the open market is a lure. No more free market but back to protectionism:

Free trade and protectionism are two contrasting approaches to international trade. Free trade promotes the unrestricted flow of goods and services across borders, with minimal barriers such as tariffs and quotas. It aims to maximise economic efficiency, promote competition, and enhance consumer choice. 
Protectionism advocates for the use of trade barriers to shield domestic industries from foreign competition. It seeks to protect domestic jobs, industries, and national security. While free trade fosters global economic integration and specialisation, protectionism prioritises domestic interests and can lead to trade wars and reduced global cooperation.

2. Elon Musk's impact on Trump policies is undeniable and very contrasting for an owner of multinational companies. By using politics to achieve local business prominence, limiting competition, and implementing nationalisation (the US wants a 50% stake in TikTok), it is legal but unfair.
Must other governments, especially African ones, take note and copy?
YOU NEED TO PROTECT YOUR LOCAL MARKET against "unfair competition.". Quite a disturbing approach from "champions of freedom", and business-minded leaders that can be compared to "racketeering" (mafia style).
The US is no longer privileging hegemonic spread outside America through military might (Trump is an anti-hegemonic war), but with financial and economic taxes imposed within American soil on foreign businesses: "I am the president of the US; I vowed to protect and defend my citizens for the ultimate interest of my country.", Trump clearly stated, "America comes first.".
Must we put our country first since it is the new norm?

3. "Investor confidence"

We have not observed any outcry from the international community on the impact on investor confidence in the US; TikTok still wants to operate in the US (TikTok CEO praised President Trump in order to have the ban reviewed).
A business aim is to make a profit, and the US market offers unequal potential in terms of consumption. In any negotiation, the strong impose their rules, meaning you must know your worth and use it as leverage. It will always be the law of demand and offer.
Multinationals don't do you a favour in implementing their operations in your country, but it's a pursuit of business interest, primarily making money.
The US can live without TikTok; therefore TikTok can go where the pasture is green, but where can TikTok find such a market like America?

We were supposed to be astonished by such a reckless decision from the president of the first world power, retracting his statement in such a short period of time (the ban and unbanning of TikTok) on a crucial matter.
Must the world be worried about Trump as US president as TikTok was blackmailed in front of our eyes?
Of course the United States of America is the 1st world power; they set the trend; let's follow.

We are in a capitalism-communism area, is China definitely taking over? We therefore understand the good relationship between Trump and Putin.


Marius Yusuf C. Oula

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