TikTok is preparing to mount a legal challenge as early as Monday to President Donald Trump's executive order prohibiting transactions with the popular short video app and its Chinese parent ByteDance, according to people familiar with the matter.
TikTok's legal challenge pertains to an earlier executive order, which Trump issued on Aug. 6, the sources said. That order directed the Secretary of Commerce to come up with a list of transactions involving ByteDance and its holdings that should be banned after 45 days.
It was not immediately clear which court TikTok plans to use to file its lawsuit. The company had previously said it was exploring its legal options, and its employees were also preparing their own lawsuit. The sources requested anonymity ahead of the lawsuit's filing. ByteDance declined to comment. A White House spokesman declined to comment.
However, the move shows that ByteDance is seeking to deploy all the legal ammunition at its disposal as it tries to prevent the TikTok deal negotiations from turning into a fire sale.
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