Trump Delays TikTok Ban, Seeks U.S. Ownership Stake
President Trump issued an executive order granting TikTok a 75-day reprieve to explore U.S.-based ownership options amid ongoing national security concerns.
- Trump's executive order temporarily halts enforcement of a federal law requiring TikTok's Chinese parent company, ByteDance, to sell its U.S. operations by January 19 or face a ban.
- The delay allows the administration to negotiate a resolution that addresses national security concerns while avoiding an abrupt shutdown of the app used by 170 million Americans.
- TikTok briefly went offline in the U.S. over the weekend but resumed operations after assurances from Trump to service providers about legal protections.
- Trump has proposed a joint ownership structure where the U.S. government would take a 50% stake in TikTok, though this idea has raised legal and constitutional questions.
- The Supreme Court recently upheld the TikTok ban, and it remains unclear whether Trump's executive order can override the law passed by Congress and signed by Biden.