Apple, Ford, and Walmart lobbying against WeChat ban"For those who don't live in China, they don't understand how vast the implications are if American companies aren't allowed to use it"
What you need to know
U.S. companies are lobbying against an executive order targeting WeChat.
Apple, Ford, and Walmart were all on a call with the White House on Tuesday.
Companies are worried it could undermine their competitiveness in China.
More than a dozen U.S. companies have told White House officials they are worried an executive order targeting WeChat will undermine their competitiveness in China.
As reported by The Wall Street Journal:
U.S. companies whose fortunes are linked to China are pushing back against the Trump administration's plans to restrict business transactions involving the WeChat app from Tencent Holdings Ltd. saying it could undermine their competitiveness in the world's second-biggest economy.
According to the report, "more than a dozen" major US multinational companies including Apple, Ford, Walmart, and Walt...
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Apple, Ford, and Walmart lobbying against WeChat ban
