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Global Trade Alert

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United States of America: The U.S. Administration orders that Chinese technology company ByteDance Ltd. divest U.S. social media app Musical.ly

Description

 On 19 August 2020, the U.S. Administration issued an executive order regarding the acquisition of U.S. social media app <a href="http://Musical.ly" style="font-weight: 400; color: #1874CD; text-decor...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

19 Aug 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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