News Busters

TikTok Openly Brags About US Influence Despite Ban Threats

Communist Chinese government-tied TikTok bragged about the billions of dollars it allegedly “contributed” to the U.S. economy even as Congress advances legislation aiming to ban it.

TikTok unashamedly announced its contribution of $24 billion to the U.S. economy in 2023, according to a press release that referenced an Oxford Economics study (the press release appears to have been taken offline since). But this announcement came as controversy surrounds TikTok’s China ties. The Chinese Communist Party (CCP) owns a board seat and maintains a financial stake in TikTok’s parent company ByteDance. The app has enforced extensive censorship before, even bragging that it had removed hundreds of thousands of videos related to the Hamas-Israel conflict. Notably, MRC Free Speech America rated TikTok as one of the worst Big Tech censors of 2023.

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