President Donald Trump: Looking at banning TikTok or a lot of other options
Trump intends to ban TikTok in the US
Popular video app may be banned as early as Saturday over national security concerns
President Donald Trump said Friday he could take action on Saturday to shut down the popular video app in the United States..
“On TikTok, we’re banning it in the United States,” he told reporters who were with the president during his visit to Florida..
Trump is likely to ban the app by decree. Trump does not support the idea that the American company could purchase the app from the Chinese company ByteDance.
The app is extremely popular both in the US and around the world. It has already been downloaded 2 billion times, 165 million of those downloads were in the USA.
The app features not only entertaining videos, but also debates, political opinions on issues such as racial justice and the upcoming US presidential election.
The US administration is concerned that TikTok may pose a threat to national security and share its user data with the Chinese government. However, the company that owns TikTok, ByteDance, says it does not share data about its users with the Chinese government and claims to only store data in the United States and Singapore. TikTok also recently hired former Disney executive Kevin Mayer as CEO in an attempt to distance itself from Beijing..
Treasury Secretary Steve Mnuchin said earlier this week that the government’s Foreign Investment Committee, a cross-sectoral group led by the Treasury Department, will look into TikTok..
The committee’s job is to monitor foreign investment and assess it for potential risks to national security. This could force companies to abandon deals or other measures necessary to protect national security..
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