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Trump signs orders banning US business with TikTok owner ByteDance and Tencent’s WeChat
Both orders will take effect in 45 days, however, its particular effect is unclear since Secretary of Commerce Wilbur Ross will apparently not establish what transactions are coated till then.
This comes after Trump had already mentioned that he was banning TikTok unless the app is bought to an American owner, Microsoft, which has acknowledged that it’s in acquisition talks
TikTok hit back against the order by saying that it was “issued without any due process” and would risk “undermining global businesses’ trust in the United States’ commitment to the rule of law.”
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