President Trump orders TikTok to sell its U.S. assets within 90 days

It seems that the trouble TikTok in the US does not seem to end in any way. The president of the US, Donald Trump has ordered TikTok US operations to sell all their U.S assets within the next 90 days, due to national security concerns. The order was released on Friday based on the “credible evidence” which might lead “ByteDance” to take action that threatens to harm the national security of the country. 

The order from President Trump was followed by an investigation of the acquisition of TikTok US by ByteDance in 2017 and later merged with TikTok. The US government made a statement saying that any platform like TikTok will be supported by them in every possible way as TikTok was the ultimate means of entertainment and connection for American people. However, if any of these apps turn out to be a threat to national security, it will be dealt with seriously. 

The government has recently given an order to ban any kind of a transaction with ByteDance and Tencent in the period of 45 days. The orders given by the government shows that the future of US-China relationships is definitely not going to get better. After the revelation of the Chinese app sending the data of the countries resident to China, the US, and India, including other countries have started banning Chinese apps

The same has also affected trade relations with other countries as well. Now the order of selling the US assets in 90 days would definitely wipe out TikTok as an entertainment platform from the US.

SourceUsatoday

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