Breaking |

Breaking |

Trump orders Chinese owner of TikTok to sell US assets
Published : Aug 15, 2020, 1:44 pm IST
Updated : Aug 15, 2020, 1:44 pm IST
SHARE ARTICLE
Donald Trump
Donald Trump

Donald Trump on Friday gave the Chinese company ByteDance 90 days to divest itself of any assets used to support the popular TikTok app

Washington: 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.

Advertisement

Donald TrumpDonald TrumpTrump 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.

Advertisement

TikTokTikTokMicrosoft is in talks to buy parts of TikTok. TikTok said it spent nearly a year trying to engage in good faith with the US government to address these concerns.

What we encountered instead was that the Administration paid no attention to facts, dictated terms of an agreement without going through standard legal processes, and tried to insert itself into negotiations between private businesses, the company's statement said.

Advertisement

SHARE ARTICLE

PTI

Advertisement

Anmol Gagan Mann Slams Political Parties for Drug Menace, Punjab Under Fire

10 Mar 2026 6:23 PM

Hoshiarpur: \'Open the shutters, we will go home too\', attackers entered with weapons, people from outside closed the shutters

10 Mar 2026 6:19 PM

The entire Congress insults our women - Minister Harpal Cheema

10 Mar 2026 6:17 PM

Punjab Budget 2026 : Rs 1,000 per month for women under \'Mukh Mantri Mawan Dhiyan Satkar Yojana

08 Mar 2026 5:04 PM

Grand final clash today in the T20 World Cup; the cricket teams of India and New Zealand will face each other

08 Mar 2026 5:01 PM

No leader of the Congress can look me in the eye and talk

08 Mar 2026 4:57 PM
Advertisement