Trump demands TikTok sell U.S. arm by September 15 or cease operation
Trump continues to push back against the China-owned TikTok, giving the company a hard date to sell to a U.S. company before forcing the video service to shut down its operations in the U.S.
On Friday, President Trump told reporters that TikTok was facing an immediate ban, heightening tensions between the U.S. and China once more.
At the time, Trump did not have an exact date. However, on Monday, he went on to clarify that the company would have until September 15 to sell to a U.S. owned company, or the service would be banned in the U.S.
"I don't mind whether it's Microsoft or someone else, a big company, a secure company, a very American company buys it," Trump told reporters at the White House, according to Bloomberg. "It'll close down on September 15 unless Microsoft or somebody else is able to buy it and work out a deal, an appropriate deal, so the Treasury of the United States gets a lot of money."
It isn't clear what the president was referring to, in regards to the Treasury deposit.
Microsoft has announced that they are currently in talks to purchase the short-form video platform following a discussion between Microsoft CEO Satya Nadella and President Trump. If Microsoft were to purchase TikTok's U.S. arm, they would likely subject the app to a full security review.
The company stated that they would continue to build on the experience that TikTok users currently love, but heighten security, privacy, and digital safety protections. Microsoft is also looking into purchasing the Canadian, Australian, and New Zeland branches of the company.
If TikTok is not sold to a U.S. company, it is assumed that the Trump administration will attempt to move forward with a ban. While the banning method is currently unknown, it is likely to be made either under an executive order or a barring of the app as part of the International Economic Powers Act.
TikTok has been under fire recently for "clipboard snooping" after an iOS 14 beta feature uncovered how frequently the app was accessing a users clipboard.
On Friday, President Trump told reporters that TikTok was facing an immediate ban, heightening tensions between the U.S. and China once more.
At the time, Trump did not have an exact date. However, on Monday, he went on to clarify that the company would have until September 15 to sell to a U.S. owned company, or the service would be banned in the U.S.
"I don't mind whether it's Microsoft or someone else, a big company, a secure company, a very American company buys it," Trump told reporters at the White House, according to Bloomberg. "It'll close down on September 15 unless Microsoft or somebody else is able to buy it and work out a deal, an appropriate deal, so the Treasury of the United States gets a lot of money."
It isn't clear what the president was referring to, in regards to the Treasury deposit.
Microsoft has announced that they are currently in talks to purchase the short-form video platform following a discussion between Microsoft CEO Satya Nadella and President Trump. If Microsoft were to purchase TikTok's U.S. arm, they would likely subject the app to a full security review.
The company stated that they would continue to build on the experience that TikTok users currently love, but heighten security, privacy, and digital safety protections. Microsoft is also looking into purchasing the Canadian, Australian, and New Zeland branches of the company.
If TikTok is not sold to a U.S. company, it is assumed that the Trump administration will attempt to move forward with a ban. While the banning method is currently unknown, it is likely to be made either under an executive order or a barring of the app as part of the International Economic Powers Act.
TikTok has been under fire recently for "clipboard snooping" after an iOS 14 beta feature uncovered how frequently the app was accessing a users clipboard.
Comments
i hate Chinese government and Taitok. But this is no way a fair deal.
”Trump continues to push back against the...”
It’s “President Trump”.
What a maroon! This will only ramp up the trade war with China to the detriment of US companies and consumers.
China hasn't allowed or kick out; Google, Facebook, Twitter, Apple US servers (All Apple Server must be located in China for Chinese users), Amazon only through allowing exporting they killed Amazon China internally, the list goes on and on and on... You see China has been GAMING the USA for a long time and Obama, Bush, Democrats, and Republicans have been played! POTUS is the FIRST president to stand up against them and we need to because they plan on bankrupting us by allowing China brands to overtake U.S. owed brands and are getting away with it. Amazon has become China bit*h and is the Alibaba of the USA. Lookup the China UN postal treaty and see how the USA taxpayers subsidize China Post to mail goods from China. China government subsidies shipping to the USA and we the taxpayer pay to delivered address. I can ship from Shenzen China to you CHEAPER than I can send from Any USA address to you!!!!!? WTF!
2) Did you have any question about who in particular in the family we were referring to?
If you're seeing some kind of sleight here, you're seeing ghosts.
This avenue of conversation has concluded here in the forums. If you have any further comment on the matter, feel free to DM me.
Funny times.
#NotMyPresident
/s
Huh? How does that even work? United States Treasure Department getting a lot of money? What legal basis is this on?
And if that doesn’t pass constitutional muster, I suspect as the head of the Executive Branch of the Federal government, he has wide latitude to issue an executive order to ban them. And the fact that they are a China-based app overlaps with foreign policy, which he theoretically has the authority “by and with the consent of the Senate” (which is controlled by Republicans right now, unlike the House) to determine if ANY overseas-based apps should be allowed in the US.
Then the US makes ultimatums like this
so it’s free market, but only if it benefits the US
thats not a free market
Markets of nearly every kind are regulated in the US. Spare me the handwringing.