Trump Issues Order To Block US Transactions With TikTok Parent Company

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President Trump on Thursday issued an executive order barring any transactions between U.S. companies and the Chinese parent company of TikTok beginning in 45 days, the latest action in the administration’s campaign against the app.

The order essentially forces the parent company, ByteDance, to divest from TikTok, or face a ban from operating in the United States. The president had previously set a deadline of Sept. 15 for Microsoft or another American company to acquire the viral video app before he moved to ban it from operating in the U.S.

Read more at The Hill



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