Yeah, but many of the reasons why China doesn't want US social media companies in China are also the same reasons why the US shouldn't want those same companies in America, namely that they're unregulated loose cannons who are fine with causing social division and strife if it only increases their bottom line.
Why would Tiktok need to maliciously harm the US when just their simple act of seeking profit is already doing enough work to harm the US without the need for any malintent? It's like wondering if the open sewer dumping into your town's water supply might also have gluten in it when you're gluten free.