China could retaliate against Apple and Tesla via brand damage campaigns or stifling local ops.
AdvertisementA potential TikTok ban in the US could spell trouble for Apple, Tesla, and other American companies operating in China.
And on Wednesday, China's foreign ministry warned TikTok ban attempts would "eventually backfire on the US."
Deepwater Asset Management managing partner Gene Munster told Business Insider he believes a TikTok ban has a 25% chance of materializing.
In a world where there is a TikTok ban, Munster said, "Chinese leadership could expand its anti-iPhone campaign beyond the government."
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