President Donald Trump signs executive order that bans companies from working with TikTok's Chinese parent company
WASHINGTON – President Donald Trump signed an executive order late Thursday to block all U.S. transactions with TikTok’s Chinese parent corporation, Bytedance, the latest move by the administration to force the video-sharing app to sever its ties to Beijing.
The administration is investigating whether ByteDance is harvesting the data of millions of American users. TheThe new order bans TikTok under the National Emergencies Act and is set to take effect in 45 days, just after the Sept. 15 deadline set for TikTok which features short videos and is used by 100 million American consumers and hundreds of millions globally, has rejected claims that it sends U.S. user data to the Chinese government.
The president first threatened to"ban" the company in the United States late last week but softened his stance after Microsoft said it will"move quickly to pursue discussions with TikTok’s parent company, ByteDance," with a final decision expected no later than Sept. 15.
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