TikTok Gets 75-Day Reprieve From US Ban Under Trump Executive Order
Main points
- U.S. President Donald Trump signed an executive order on Monday delaying the U.S. ban on TikTok for 75 days, giving the Chinese social media app time to find an American buyer.
- The grace period follows several days of volatility on the app, which briefly went “dark” over the weekend before Trump announced his plans for an executive order on the eve of his inauguration.
- The Supreme Court on Friday upheld a law requiring TikTok’s Chinese owner ByteDance to sell the app or face being shut down on national security grounds on Sunday.
U.S. President Donald Trump signed an executive order on Monday delaying the U.S. ban on TikTok for 75 days, giving the Chinese social media app time to find an American buyer.
“I am directing the Attorney General to take no action to enforce this bill for 75 days starting today to give my administration the opportunity to orderly determine the appropriate path forward to protect national security while avoiding an abrupt shutdown of the services used by millions of Americans. communications platform,” Trump’s order said.
The grace period limits fluctuations to a few days for the app, which has 170 million U.S. users. it Short “dark” weekend The Supreme Court on Friday upheld a law requiring its Chinese parent company ByteDance to sell the app or shut it down on national security grounds. However, service was restored hours later, and Trump, on the eve of his inauguration, Announce His executive order plan.
“I think the United States should be entitled to half of TikTok,” Trump said when signing the executive order on Monday.
China reportedly considered selling TikTok to Musk
While Chinese officials want TikTok to remain under ByteDance’s control, they have discussed a number of options, including allowing “trustworthy non-Chinese parties” such as Elon Musk The acquisition of the app’s U.S. operations was reported last week.
TikTok and the Chinese Embassy in Washington did not immediately respond to requests for comment. Investment Encyclopedia Request to comment.
TikTok CEO Shou Zi Chew attended Trump’s inauguration, sitting next to Tulsi Gabbard, who was nominated to serve as director of national intelligence. wall street journal reported.