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A person holds a placard on the day justices hear oral arguments in a bid by TikTok and its China-based parent company, ByteDance, to block a law intended to force the sale of the short-video app by Jan. 19 or face a ban on national security grounds, outside the U.S. Supreme Court, in Washington, U.S., January 10, 2025.
TikTok ban likely to be upheld
On Friday, the Supreme Court appeared poised to uphold the TikTok ban, largely dismissing the app’s argument that it should be able to exist in the US under the First Amendment’s free speech protections and favoring the government's concerns that it poses a national security threat.
Put simply, they see it as an issue of national security, not free speech.
“Congress doesn’t care about what’s on TikTok. They don’t care about the expression,” claimed Chief Justice John Roberts during questioning, clarifying “That’s shown by the remedy. They’re not saying TikTok has to stop. They’re saying the Chinese have to stop controlling TikTok.”
What’s the threat? US lawmakers are concerned about the Chinese government having access to enormous amounts of Americans’ data – and fear the app could be used to spread Beijing’s agenda. Facebook and other American social media platforms are notably banned in China – with Beijing taking a similar view to that of the US government. The justices seemed worried that TikTok could be used for espionage or even blackmail.
What does upholding the ban mean for the app? If the court rules against the app, it would mean that Bytedance, Tiktok’s parent company, must divest from the company before Jan. 19 or face a national ban on national security grounds. The app would no longer be available on the Google or Apple app stores.
But it won’t disappear from your phone if you already have it downloaded. The ban would only affect future downloads. Without the ability to update the app, however, it will likely degrade, and TikTok may block US users before that happens to avoid further legal issues. Incoming President Donald Trump has pledged to save the app, but there is no clear legal method to do so.
The decision could be an early reflection of one of this year’s Top Risks 2025 from our parent company, Eurasia Group: the breakdown of the US-China relationship. The world’s biggest superpowers increasingly distrust one another, and Trump’s return to office is likely to exacerbate the decoupling — increasing the risk of instability and crisis.
Friedrich Merz
Talk vs. tariffs: Two strategies to tackle Donald Trump
As US President-elect Donald Trump prepares to return to the White House, leaders in the world’s two largest trading blocs — China and the EU — are revealing their starkly different strategies for dealing with his “America First” trade policies.
In Europe, Friedrich Merz, the German opposition leader and leading contender for chancellor in next month’s national elections, is advocating for the negotiation ofan EU–US free trade agreement. Instead of retaliatory tariffs, Merz argues the EU should reignite its competitiveness, starting with lower taxes, and then tell the Americans: “Yes, we are prepared to face this competition with you, too.”
“This competition,” of course, includes China, which is taking a polar opposite approach anddoubling down on its trade war with the US. This week, Beijing added 28 American defense-related companies, including Raytheon, Boeing Defense, and Lockheed Martin, to its export control list, effectively banning exports of dual-use items. The move coincides with a ban on rare earth minerals to the US to “safeguard national security and interests.”
What both Bonn and Beijing agree on, however, is the need to act before Trump takes office — and in Merz’s case, before he does as well. We’ll be watching for the follow-through — and whether talk or tariffs proves the more successful strategy.
Donald Trump speaks on the last day of Turning Point's four-day AmericaFest conference on Dec. 22, 2024, in Phoenix.
What would it mean for the US to leave the World Health Organization?
President-elect Donald Trump’s advisors are reportedly urging him to pull the United States out of the World Health Organization on his first day in office, according to a report published Sunday in the Financial Times.
The US currently provides approximately 16% of the WHO’s funding, giving it outsized influence on the institution. Experts say a withdrawal would severely hamper the world’s ability to respond to public health crises like pandemics.
"Politically, Trump’s lack of support could open the door to lowered support from other countries, in an environment of increased skepticism towards international engagement and foreign aid in general—especially among many ascendant right-wing parties in Europe—amid fiscal constraints and pressures to increase defense spending," says Eurasia Group's Laura Yasaitis. "Ongoing pandemic preparedness efforts, such as the pandemic treaty, would be majorly set back, as would other efforts like the polio eradication campaign."
It’s not an empty threat. Trump actually initiated the process of leaving the WHO in 2020, at the height of the COVID-19 pandemic, accusing the organization of being controlled by China. He never followed through on the actual withdrawal, however, and Joe Biden re-established ties in 2021.
This time around, Trump has aligned himself with figures whose views on healthcare are well outside the scientific consensus. Robert F. Kennedy, Jr., a vociferous opponent of vaccination, is tapped to lead Health and Human Services, while David Weldon, another anti-vaxxer from the fringe, is set to lead the Centers for Disease Control. Incoming Food and Drug Administration commissioner Martin Makary has also questioned the benefits of certain vaccines, like hepatitis B and COVID boosters. With advisers like these, the WHO would be smart to start planning for a pullout, even if it doesn’t happen on Jan. 20.
Beijing won’t butt in on this one, of course, since they stand to gain the most from US healthcare isolationism. If Trump was worried about Chinese control of the WHO back in 2020, pulling out in 2025 would all but guarantee that Beijing steps into the void.
An F/A-18 Hornet approaches the flight deck of aircraft carrier USS Theodore Roosevelt as USS McFaul trails behind, October 30, 2001. Theodore Roosevelt and its carrier airwing are conducting missions in support of operation Enduring Freedom.
Hard Numbers: US friendly fire downs F/A-18, Russia guns down prisoners, US court rules on Pegasus spyware case, China goes after Canadian activists
2: Two US Navy pilots were forced to eject from their F/A-18 fighter over the Red Sea on Sunday during a “friendly fire” incident when a US warship targeted their plane with a missile. Both pilots survived the ejection but one sustained minor injuries, and it is not immediately clear why the ship, which was on station to shoot down Houthi missiles launched from Yemen, fired upon the aircraft.
127: Russian forces have summarily executed at least 127 Ukrainian troops this year according to prosecutors investigating these war crimes. The figures is an immense spike — officials counted just 20 summary executions of prisoners of war in 2022 and 2023 combined — suggesting an alarming shift in Russian doctrine.
1,400: A US court on Friday ruled that Israeli cyber-intelligence firm NSO Group was liable for hacking the devices of 1,400 WhatsApp users using the secretive software known as Pegasus, in violation of US cybersecurity laws. Pegasus has been implicated in hacks on dissidents by authoritarian governments around the world, and has been on a US blacklist since 2021.
20: Beijing announced Sunday it was taking punitive action against twenty people and two Canadian institutions advocating on behalf of the human rights of Tibetan and Uyghur minorities in China. The measures include asset freezes, bans on entry to China, and seizure of any real estate in the PRC. They come just weeks after Canada also announced sanctions on Chinese officials accused of human rights abuses.President Joe Biden and First Lady Jill Biden make remarks at the first-ever White House Conference on Women's Health Research in Washington, D.C., United States, on December 11, 2024.
One last crackdown on chips for Biden
Joe Biden might not be done with his yearslong effort to limit China’s access to advanced computer chips. According to the Wall Street Journal, the Biden administration is preparing new rules to cap the sale of chips to certain countries in Southeast Asia and the Middle East that may be acting as intermediaries for China.
While Biden has enacted strict export controls limiting the sale of advanced chips and semiconductor manufacturing equipment to China, there is still an underground market for these products thriving in the Middle Kingdom.
It’s unclear which countries would be capped from receiving large quantities of chips, but the US has kept a close eye on Saudi Arabia and the UAE’s own AI ambitions, even as it has struck deals with both countries. The updated rules are expected to come later this month, mere weeks before Biden’s presidency ends.
Assad’s fall, Romania’s canceled election, Trump’s Taiwan approach, and more: Your questions, answered
How did Bashar Assad get driven out of Syria after more than 20 years in power? What are your thoughts on his replacements?
I was surprised that Assad fell. He’s been such an important client for both Iran and Russia for decades and received their immediate support when the rebels began their offensive. But this was a particularly opportune time for the rebels to strike. Assad’s powerful friends were both distracted in other arenas: Iran with Israel (in both Gaza and, more importantly for Iran, Lebanon) and Russia with Ukraine. Interestingly, there is one key throughline connecting the fall of Mosul (Iraq), Kabul (Afghanistan), and Damascus (Syria) — all three were held by conscript armies that were fed, equipped, and trained by corrupt regimes … and when attacked by fierce radical groups fled as quickly as they could.
On its face, the fall of one of the world’s most oppressive dictators should be good news. Assad’s war against his own people led to the deaths of over 500,000 Syrians and millions of refugees fleeing into Turkey and from there to Europe. But I’m not yet confident that what’s replacing his regime will be much better. The Turkish-backed militants in charge are Hayat Tahrir al-Sham, or HTS, a former al-Qaida affiliate in Syria that formally cut ties with the terrorists but is still (as of now) labeled a terrorist organization by the United States and NATO. Turkey wasn’t all in on removing Assad (at first). If the regime change goes well (a big if), the real winner here will be Turkey, with Recep Tayyip Erdoğan sending millions of Syrian refugees back home, becoming the main influence on strategically important Syria, and leading the fight against the Islamic State. This would land Erdoğan in Donald Trump’s good graces if it leads to a withdrawal of American troops.
HTS is clearly serious about establishing itself as the new, legitimate government — and a policy (for now) of relative moderation and tolerance toward other groups in the country is making that easier. But there are still so many unknowns and reasons that this can go terribly wrong.
Can Romania just cancel an election?
The constitutional court decided it’s “better to ask for forgiveness than permission.” After a massive far-right influence campaign by external (well … Russian) forces on TikTok and other social platforms was uncovered, Romania became the first democracy to ever cancel an election because of a disinformation campaign. This move will land the country in hot water regardless of the results of the rescheduled election. The court is viewed as highly politicized, so the decision will ultimately undermine it and whoever the future president may be – unless the far-right fringe candidate is allowed to run, and win, again.
How could President Trump’s plan to negotiate a ceasefire in Ukraine on “day one” impact China’s approach to Taiwan?
Whether China will push to undermine the cross-strait status quo during Trump’s second term is still up for debate. But Trump’s transactional approach to the war in Ukraine won’t affect China’s approach to Taiwan, at least in the near term. Beijing is still several years away from being able to credibly launch an invasion and take over the self-governing democracy. For now, China’s leaders are much more focused on regaining their own economic footing. That said, President-elect Trump’s interest in defending an island thousands of miles from the United States (and incredibly close to mainland China) is questionable at best. Many of his advisors care a great deal about Taiwanese sovereignty as a matter of US national security and longstanding American values, but Trump himself is much more interested in the country’s bilateral trade balance with the US.
What does Russia after Putin realistically look like?
If Vladimir Putin dies tomorrow, don’t expect a seismic shift at the Kremlin. Far more likely, his replacement would be another strongly anti-Western, nationalist leader who would fill the vacuum left by Putin’s departure. Such a successor would likely be more risk-averse, having to derive legitimacy and maintain power through the support of the country’s military, intelligence, and security leaders. It’s hard to imagine a dramatic shift in Russia’s geopolitical orientation when most of the country feels like the United States and “the West” have been out to squash their country’s power for decades.
Could a multi-party proportional representation system fix American politics?
America’s two-party system provides unique challenges for government representation by fostering an “us vs. them” tribalist sentiment, dividing the country into only two camps. It would be harder to immediately brand the opposing party as “the enemy of the state” if Americans had more choices. So, a shift to a multi-party system would allow a broader spectrum of ideologies into DC, and across the country, that would more closely reflect the diversity of the country’s population as a whole, which I think would be a constructive development. That said, it's hard to see how we could ever get from here to there given the stronghold on American politics (and the insane amount of funding) that the current duopoly has.
Why do you always defend the United Nations?
Some may find it controversial, but I’m proud of the United Nations. A truly global institution created by the United States out of the rubble of World War II, the UN charter reflects the very best of American values. As an institution, the UN no doubt has problems. The Security Council (and its veto powers) reflects a geopolitical order that no longer exists, lacks representation, and is accordingly broken. In the General Assembly, each country (no matter how small) has one vote but without enforcement power is generally weak and ineffective. Countries vote and veto in ways many of us wish they didn’t (but you should blame those countries, not the UN, for that).
What gets lost in the critiques of the bureaucracy of the United Nations is the amount of good that the organization does on a global scale, and with limited expenses (which, by the way, is where most of American funding for the United Nations is spent). The World Health Organization, World Food Organization, UNICEF, and other UN arms are systematically looking out for the world’s poorest and most vulnerable in ways most singular countries couldn’t be bothered to do alone.
Today, the world is heading to a post-carbon energy future, and that’s in no small part due to the architecture set up by the United Nations. Plus, new initiatives like the creation of a global framework for artificial intelligence (which I’ve been happy to be a part of) signal more positive developments are still to come on the only stage where every country in the world can have a voice.
What is on your radar over the next 24 months and not being discussed enough?
While there’s constant talk about artificial intelligence impacting our daily lives, the deployment of large-scale AI applications to an individual’s every dataset is not being discussed nearly enough. Personalized decisions or predictions based on human behavior patterns ascribed in large datasets are coming our way shortly. Before you know it, we will all have tools that will change humanity as we know it — in productive ways and post-human ways.
Where do you get your news, and what news sources do you trust?
As you might expect, the folks at Eurasia Group and GZERO Media act as my North Star when news breaks. With about 250 brilliant employees scattered across the globe working tirelessly to understand the inner workings of their areas of expertise, they bring priceless insight into what’s going on in the world on any given day. More broadly, it’s helpful for people to look outside their bubbles and read news coverage from outside their country of origin. For me, the Canadians (CBC), Germans (DW), Japanese (NHK), Arabs (Al Jazeera, etc.), and others cover the world in a much more effective way than the coverage we get from one hour of insular news coverage on cable television (or even from sitting down with the New York Times or Wall Street Journal).
What are your thoughts on pineapple on pizza?
Well, that depends. I’ll allow pineapple if there’s also ham and something spicy on top like jalapenos or chili flakes. Even then, I can probably think of 20 other things that I’d rather have as a pizza topping. Still, pineapple is preferable to cuttlefish – a Japanese fan favorite.
Are you hiring?
Eurasia Group is always looking for new talent – not just in our New York office but around the world. I am not personally involved in hiring, though, which is probably for the best. Thankfully we have a CEO and management team who make running the firm look easy. We’d be nowhere near as successful without them. Left to my own devices, I might run us into the ground. Ask anyone at Eurasia Group, they’ll totally agree with me.The NVIDIA logo seen at the American GPU manufacturer NVIDIA Taipei office.
Nvidia forges deals in American Southwest and Southeastern Asia
The California-based chip giant is negotiating with Taiwan Semiconductor Manufacturing Company, or TSMC, the world’s top contract chipmaker, to manufacture its top-of-the-line Blackwell AI processors at TSMC’s Arizona facility. TSMC has invested billions to bring its high-tech manufacturing to the Southwest US, thanks in part to a $6.6 billion cash infusion from the Biden administration as part of the CHIPS and Science Act. Apple and AMD have reportedly already signed on to get their chips made in the Arizona plant when it starts production in the first half of 2025. That said, the chips won’t be entirely made in America: Final packaging is done back in Taiwan, which complicates and prolongs an already lengthy manufacturing process.
Halfway around the world, Nvidia CEO Jensen Huang met with the Thai and Vietnamese prime ministers last week as the company makes inroads in Southeast Asia. Nvidia also announced plans to establish Nvidia’s first research and development center in Vietnam, along with the acquisition of Vietnamese healthcare startup VinBrain for an undisclosed sum. In Thailand, the company signed a cloud deal with a company called SIAM.AI Cloud. Huang also emphasized the importance of “sovereign AI,” meaning that every country should have its own AI infrastructure and models.
In China, however, Nvidia is facing new scrutiny: The State Administration of Market Regulation is reportedly investigating whether the chipmaker violated antitrust laws when it acquired the Israeli-American company Mellanox in 2020. China previously gave conditional approval of the nearly $7 billion deal, but more than four years later, with the US restricting Nvidia from selling its most powerful chips to Chinese companies, the country is seeking new ways to gain leverage. A Nvidia spokesperson said the company is “happy to answer any questions regulators may have about our business.”
A man rides a scooter past a giant screen showing news footage of Chinese President Xi Jinping attending a Chinese Communist Party politburo meeting, in Beijing, China December 9, 2024.
China’s vows to pump up its economy — with one eye on Trump’s tariffs
China’s Politburo — the top leadership cabinet — said Monday it would take “more proactive” fiscal measures and loosen up its monetary policy in 2025 as it aims to boost domestic consumption. The body met ahead of the annual Central Economic Work Conference, reportedly scheduled for Wednesday and Thursday, at which the country’s economic policy priorities for the coming year are laid out — and one of those priorities is gearing up for Donald Trump.
The background: China has experienced over three years of economic turmoil that originated in the all-important property market, where most Chinese households keep their long-term savings. Defaults and halted constructions from major developers dovetailed with a local government debt crunch to place tremendous headwinds against economic growth, leading to stock market turbulence and high youth unemployment.
Beijing has attempted to goose growth with monetary easing (aka lowering central bank interest rates) since September and unveiled a $1.4 trillion debt package aimed at stabilizing growth in November. But kickstarting the economic engine is proving difficult.
Watch out for Trump: The incoming US president is promising to hike tariffs on Chinese goods, having mentioned figures as high as 60% on the campaign trail. While tariffs are a laborious way to cut off one’s nose to spite one’s face and are likely to hurt the US economy, Beijing’s exports are one of the few sectors doing well right now. Getting to a stable footing before the trade barriers go up must be a high priority.
China isn’t just playing defense though: US chip-making giant NVIDIA saw its stock slide 3% on Monday after news broke that Beijing was opening an antitrust investigation. NVIDIA has been a darling of investors during the AI boom, with shares nearly tripling in value this year — but this shot across the bows is a sign of what could come.