They’ve been trying to ban it for awhile now, so no. They want to ban it because they can’t directly control the companies that own those platforms overseas whereas Facebook, IG, etc. are very much able to be controlled if necessary by those in power
It’s a delicate topic. TikTok collects a ton of data from devices and infers a ton of data from watching patterns. This is really true of most of the modern web apps, but especially true of TikTok because the short-form means more content to churn through, and the algorithm is practically an IV drip of dopamine.
The much, much more important issues are user privacy and truth-in-media, and is something that just as well needs to be pointed at Meta and Twitter and Reddit and Google. TikTok is probably more critical at the present moment, because it’s run by a country our president-elect wants to start a trade-war with, and they’ve got quite an upper hand with all the data that we, the users, give them for free, via a propaganda machine under their control.