Reported about 19 hours ago
A potential ban on TikTok, used by about 170 million Americans, could significantly harm the U.S. economy by erasing billions of dollars linked to small businesses and creators relying on the platform for sales and exposure. While national security concerns drive the ban, it poses risks to jobs and livelihoods for many entrepreneurs, such as Ella Livingston, who anticipates a steep loss of income. TikTok generates significant advertising revenue and has contributed substantially to small business growth, with estimates suggesting its economic impact exceeds $24 billion yearly.
Source: YAHOO