President Trump issued an executive order on Monday halting the enforcement of a law requiring TikTok to divest from its China-based parent company or face a ban in the U.S. Trump's order gives TikTok a 75-day reprieve from penalties while his administration seeks a deal to avoid a shutdown of the popular app.
on Monday issued an executive order directing the Department of Justice not to enforce a law requiring the social media app TikTok to divest from its China -based parent company or face a ban in the U.S.
Trump’s order gives TikTok and companies that platform the app a 75-day reprieve from penalties while his administration attempts to reach a deal that would avoid a shutdown of the popular app.
“During this period, the Department of Justice shall take no action to enforce the Act or impose any penalties against any entity for any noncompliance with the Act,” he added of a law the Supreme Court upheld unanimously on Friday. TikTok went offline briefly on Saturday but continued operating after Trump promised to sign an executive order delaying the ban passed by Congress last year. ByteDance, the company’s China-based owner, has shown no interest in selling despite the Jan. 19 deadline that came and went over the weekend.Speaking from the White House on Monday, Trump said his order on TikTok “gives me the right to sell it or close it.
“They would have a great partner, the U.S. The U.S. would essentially be paid for doing that, half of the value of TikTok,” Trump said of the company. “It could be worth a lot.”By entering your email and clicking Sign Up, you're agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our
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