Donald Trump issues order to pause TikTok ban for 75 days– www.politifact.com
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Excerpt:
On his first day in office, President Donald Trump issued an executive order to pause the TikTok ban for 75 days.
Trump’s order says the attorney general “shall not take any action to enforce the Act” passed by Congress. That will give Trump’s administration “an opportunity to determine the appropriate course of action.”
The attorney general, Trump wrote, will issue written guidance to apply the order.
Before the inauguration, Trump floated the idea of the United States having “a 50% ownership position in a joint venture” with TikTok. He reiterated that possibility as he signed the order. ByteDance, TikTok’s parent company, is a privately owned company that says 60% of its owners are global investors. Its Chinese cofounders have a 20% ownership share, and its employees own 20%.
