Companies including Apple, Disney and Walmart participate in call with White House over action against China’s most important app

U.S. companies whose fortunes are linked to China are pushing back against the Trump administrations plans to restrict business transactions involving the WeChat app from Tencent Holdings Ltd., saying it could undermine their competitiveness in the worlds second-biggest economy.
More than a dozen major U.S. multinational companies raised concerns in a call with White House officials Tuesday about the potentially broad scope and impact of Mr. Trumps executive order targeting WeChat, set to take effect late next month.
Apple Inc., Ford Motor Co., Walmart Inc. and Walt Disney Co. were among those participating in the call, according to people familiar with the situation.
For those who dont live in China, they dont understand how vast the implications are if American companies arent allowed to use it, said Craig Allen, president of the U.S.-China Business Council. They are going to be held at a severe disadvantage to every competitor, he added.
Other participants in the call Tuesday included Procter & Gamble Co., Intel Corp., MetLife Inc., Goldman Sachs Group Inc., Morgan Stanley , United Parcel Service Inc., Merck & Co. Inc. and Cargill Inc., according to the people.