Trump bans US transactions with TikTok’s Chinese-owned parent company

Trump bans US transactions with TikTok’s Chinese-owned parent company

August 7, 2020

Executive order comes as app faces scrutiny from US lawmakers and Trump administration over national security concerns

Donald Trump has issued an executive order that would ban any US transactions with the parent company of TikTok, saying the US must take “aggressive action” against the app in the interest of national security.

The executive order, issued late on Thursday, would prohibit “any transaction by any person, or with respect to any property, subject to the jurisdiction of the United States, with ByteDance Ltd”, beginning in 45 days.

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