Below is an extract of a post published on Guardian titled "Trump bans US transactions with TikTok's Chinese-owned parent company"
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Via: Guardian
Executive order comes as app faces scrutiny from US lawmakers and Trump administration over national security concerns Donald Trump has issued an executive order that would ban any US transactions with the parent company of TikTok, saying the US must take “aggressive action” against the app in the interest of national security. The executive order, issued late on Thursday, would prohibit “any transaction by any person, or with respect to any property, subject to the jurisdiction of the United States, with ByteDance Ltd”, beginning in 45 days. BREAKING: President Trump just issued an executive order “on Addressing the Threat Posed by TikTok.” It takes effect in 45 days, prohibits “any transaction” with ByteDance, the Chinese company that owns TikTok, and will almost certainly face legal challenges. pic.twitter.com/Ma9XOfYgOB Related: ‘I don’t care’: young TikTokers unfazed by US furor over data collection Continue reading…
