TikTok CEO says ban would ‘take billions of dollars out of the pockets of creators’

The CEO of TikTok has said that a US ban on the platform “would take billions of dollars out of the pockets of creators and small businesses”.

Shou Zi Chew, who a source said is visiting Washington DC this week, added the company will exercise its legal rights to prevent a ban after a bill passed in the House.

Representatives overwhelmingly voted on Wednesday to give TikTok’s Chinese owner ByteDance about six months to divest the US assets of the app, or face a ban.

The bill passed 352-65 in a bipartisan vote, but it faces a more uncertain path in the Senate where some favor a different approach to regulating foreign-owned apps posing security concerns.

President Joe Biden has indicated he will sign the bill if it passes through both houses.

White House national security adviser Jake Sullivan on Tuesday asked: “Do we want TikTok, as a platform, to be owned by an American company or owned by China?

“Do we want the data from TikTok – children’s data, adults’ data – to be staying here in America or going to China?”

Donald Trump has said that he would oppose a ban because it would help rival social media platform Facebook.