Trump issues executive order to block U.S. transactions with TikTok parent company ByteDance
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.
He claims the apps “capture vast swaths of information from its users” which could allow"the Chinese Communist Party access to Americans’ personal and proprietary information." The new order bans TikTok under the National Emergencies Act and is set to take effect Sept. 20, pushing back a previous deadline set for Microsoft's proposed purchase of the social media platform by Sept. 15. Any company still doing business with TikTok in 45 days is subject to sanctions, according to the order. TikTok which features short videos that often go viral and is used by 100 million American consumers and hundreds of millions globally, has rejected claims that it sends U.S.
Earlier on Thursday the Senate voted to ban federal employees from downloading TikTok on government-issued phones, while Secretary of State Mike Pompeo said Wednesday that the U.S. wants “untrusted” Chinese apps like TikTok and WeChat removed from U.S. app stores. The orders comes at a moment of extremely frayed U.S. China relations, as the president has engaged in a months-long trade war with the country and has accused its leaders of allowing the coronavirus to spread into a pandemic. Tensions have been raised further by China's crackdown on pro-democracy efforts in Hong Kong.
“I set a date of around Sept. 15, at which point it’s going to be out of business,” unless it surrenders Chinese ownership, Trump told reporters on Monday."But if somebody ... buys it, that'll be interesting."
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