I'm not sure if isn't happening already and we don't know it.
It's obvious that everything has been made depending on the preferences/ agenda that any government has. Now Trump has found something that he can use against China (and has prepared it for a long time now), tomorrow EU can do it as well to his administration or the opposite. Politics can use everything and nothing as long as it suits them and companies are their big weapons.
Also Trump is saying now that he is 'most likely' giving TikTok 90-day extension to avoid ban. I don't believe he even bans it. Joe Biden left the execution of that for Trump's responsibility, and trump needs to be the strong man here, which he isn't. Also his base hates "big government" interfering their lives, and this would be perfect example of big government controlling their citizens.