Apple is one of the companies that could stand to lose the most from a WeChat ban because China represents a fifth of its sales. The White House says it needn't worry.
For swaths of the U.S. with concentrated Chinese populations, WeChat is a way of life. President Trump’s executive order banning the app could upend that.
In addition to Trump’s ban on WeChat and a related order barring business with the popular Chinese-owned TikTok video app, the administration has made other moves to pressure Beijing. Those include sanctions on the top official in Hong Kong and recommendations that American stock exchanges set new rules that could trigger the delisting of Chinese companies.A partial WeChat ban could mean that companies like Apple could offer it in their China app stores and businesses like Starbucks Corp.
In recent weeks, U.S. companies and their lobbyists went into overdrive, asking staffers in the White House and the Commerce Department about the logistics and intention of the WeChat executive order, according to people familiar with the matter., which represents companies including Walmart and General Motors Co. “WeChat is a little like electricity. You use it everywhere” in China, Allen said.
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