In a significant development that underscores the ongoing tension between the United States and China, TikTok, the widely popular video-sharing app owned by Beijing-based ByteDance, is on the brink of shutting down its operations in America. This move comes as a result of a law passed by Congress last year, which mandated TikTok to either divest from its Chinese parent company or face removal from U.S.-based app stores and hosting services…