Trump orders Chinese owner of TikTok to sell US assets

Saturday, 15 August 2020Newsdesk

President Donald Trump on Friday gave the Chinese company ByteDance 90 days to divest itself of any assets used to support the popular TikTok app in the United States. Trump's executive order said there is credible evidence that leads me to believe that ByteDance might take action that threatens to impair the national security of the United States.

New Delhi, 15 August 2020

Trump last week ordered sweeping but vague bans on dealings with the Chinese owners of TikTok and the messaging app WeChat, saying they are a threat to US national security, foreign policy and the economy. It remains unclear what the TikTok orders mean for the app's 100 million US users, many of them teenagers or young adults who use it to post and watch short-form videos. Trump on Friday also ordered ByteDance to divest itself of "any data obtained or derived" from TikTok users in the U.S.

Source -PTI