President Donald Trump said he will act as soon as Saturday to prohibit TikTok, a popular Chinese-owned video app that has actually given national security and censorship issues.
Mr. Trump’s remarks came after published reports that the administration is preparing to purchase China’s ByteDance to sell TikTok. There were also reports on Friday that software application giant Microsoft remains in talks to buy the app.
” As far as TikTok is concerned, we’re banning them from the United States,” Mr. Trump informed press reporters Friday on Air Force One as he returned from Florida.
Mr. Trump said he could use emergency situation financial powers or an executive order to implement the action, firmly insisting, “I have that authority.” He added, “It’s going to be signed tomorrow.”
Reports by Bloomberg News and the Wall Street Journal pointing out confidential sources stated the administration might soon announce a decision ordering ByteDance to divest its ownership in TikTok.
There have been reports of U.S. tech giants and financial company