The House Select Committee on China has warned tech companies about their responsibilities under a new law affecting TikTok’s U.S. business relations. The law dictates that these partners must discontinue ties with TikTok due to its Chinese ownership, ahead of a fine enforcement deadline set for early April.

The House Select Committee on China has recently engaged in discussions with technology companies regarding potential liabilities related to TikTok. The discussions stem from legislation enacted last year, which mandates that TikTok’s U.S. business partners terminate their relationships with the application due to its Chinese ownership.

This series of meetings has notably included the participation of Oracle and congressional staff, highlighting the seriousness of the issue at hand. These conversations are occurring in the context of an impending deadline in early April, by which the Trump administration must begin enforcing fines based on the stipulated law.

In summary, the House Select Committee’s interactions with technology firms serve as a critical reminder of the legal implications surrounding TikTok’s Chinese ownership. The looming deadline for imposing fines underscores the urgency for U.S. partners to comply with the new requirements.

Original Source: punchbowl.news

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