TikTok Ban Sparks U.S.-China Discord

The recent focus on banning TikTok due to concerns about Chinese access to U.S. data raises U.S.-China tension, impacting businesses such as Apple, Tesla, and Amazon. Meanwhile, Chinese companies are directed to replace foreign software. This friction reflects a potential split in economic destinies, adding complexity to board-CEO relationships in companies like OpenAI and Tesla. Furthermore, notable changes in economic indicators, retail, and commerce are also observed, including higher inflation and the closure of Family Dollar stores.