7 months ago
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The BBC says US President Donald Trump has signed an executive order granting TikTok a 75-day extension to comply with a law that requires a sale or ban of the platform.
He says during that time, the US will not enforce the law passed by Congress last year and signed by former President Joe Biden.
The order was among a slew of directives Trump signed on Monday evening.
Speaking to reporters in the Oval Office, he said every rich person had called him about TikTok.
When asked by a reporter why he’s had a change of heart since trying to ban TikTok in 2020, Trump responded: “Because I got to use it.”
He floated the possibility of a joint venture, saying he was seeking a 50-50 partnership between “the United States” and its Chinese owner ByteDance.
But he did not give any further details on how that might work.
Trump also said potential new trade tariffs on China could be contingent on a deal over the platform’s ownership.
He said if Beijing rejected a deal it would be somewhat of a hostile act.
On Saturday evening, the Chinese-owned app stopped working for American users, after a law banning it on national security grounds came into effect.
It resumed services to its 170 million users in the US after Trump said he would issue an executive order to give the app a reprieve when he took office.
English (US) ·