BREAKINGVIEWS US blacklisting is no match for TikTok virality

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NEW YORK, March 3 (Reuters Breakingviews) - (This March 3 story has been corrected to say that only one unit of BGI Genomics was added to the list and the Commerce department added a total of three BGI Group units, in paragraph 2)..

The Commerce Department added another 28 Chinese firms to its trade blacklist on Thursday, requiring licenses to acquire U.S. wares..

Yet social media app TikTok, which government officials have repeatedly voiced national security concerns over, hasnt been hit with trade curbs..

After Thursdays addition, which included a unit of genetics company BGI Genomics Co Ltd (300676.SZ) and two other units of its parent, BGI Group, the U.S. blacklist includes more than 1,100 China-based entities..

TikTok parent ByteDance is based in China and has eluded that list, largely because the Commerce Departments tools affect hard goods, not software...

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