Finally, U.S. President Donald Trump issued executive orders for banning Chinese social media apps TikTok and WeChat in the US in 45 days, if they are not sold by their Chinese parent companies. Notably, these apps are owned by ByteDance and Tencent respectively.
So now Trump administration by issuing these executive orders is trying to build pressure on ByteDance regarding the Microsoft deal because with this order any U.S. transactions with ByteDance (TikTok Owner) and Tencent (WeChat Owner) after 45 days will not be entertained by U.S. administration.
Meantime, the orders do not state that a certain amount of money from the sale needs to be sent to the US Treasury Department, which the President has been insisting on for the last several days.
According to this order regarding TikTok prohibits after 45 days “any transaction by any person, or with respect to any property, subject to the jurisdiction of the United States, with ByteDance Ltd.”
There is no about this move by U.S. President Trump is going to affect the ongoing negotiations between tech giant Microsoft and Chinese ByteDance over the popular video app TikTok.
Interestingly, last Friday, Donald Trump said that he would ban TikTok from operating in the United States using emergency economic powers or executive order.
On the other hand, if we talk about WeChat, Trump said WeChat “automatically captures vast swaths of information from its users. This data collection threatens to allow the Chinese Communist Party access to Americans’ personal and proprietary information.”
This going to effectively ban WeChat in the United States in 45 days by barring “to the extent permitted under applicable law, any transaction that is related to WeChat by any person, or with respect to any property, subject to the jurisdiction of the United States, with Tencent Holdings Ltd.”
Earlier this, the US Secretary of State Mike Pompeo has also accused TikTok of collecting personal information of Americans. But before this statement, TikTok has already stressed that its US user data is stored on US-based servers and backed up in Singapore, which clearly states that it is not subject to Chinese law in anyways, as some US officials have feared.