Trump signs order for TikTok sale deal to US investors
President Donald Trump signed an executive order in the 2024 law that says that Tiktok’s plan to sell US operations to the US and global investors will be banned unless the Chinese owners sell short video practice.
Vice President JD Vance, the new US company will be worth approximately $ 14 billion (A21 billion dollars), he said.
Trump postponed the implementation of the law until December 16 due to Tiktok’s efforts to remove US assets from the global platform, to rank the American and other investors and to get approval from the Chinese government.
“There was some resistance on the Chinese side, but the main thing we wanted to achieve, we wanted to ensure that Tiktok work, but we wanted to make sure that we protect the data privacy of Americans as required by laws,” he said.
Trump said: “I talked to President Xi. We made a good speech, I told him what we were doing and continue.”
The Chinese Embassy in Washington did not respond immediately to the request for comments.
Trump has helped Tiktok, who has 170 million US users, re -election last year and has 15 million followers in his personal account. The White House launched an official Tiktok account last month.
“This will be operated by the American, Tr Trump said.
Rupert Murdoch added that Dell’s founder Michael Dell and “probably four or five definitely first -class investors would be part of the agreement.
Republican parliamentary politicians said they wanted to see more details of the agreement in order to represent a clean break with China.
“As the details end, we should ensure that the American users protect the American users from the influence and supervision of groups compatible with CCP, G said US representatives Brett Guthrie, Gus Bilirrakis and Richard Hudson.
In the first period, Trump signed an executive order that tries to ban the implementation if he was not separated from the US business, and Tiktok’s “data collection threatens to allow the Chinese Communist Party to access Americans’ personal and registered information”.
Beijing previously called on Tiktok’s request for a “robbery” action from the Chinese parent company, but the Chinese authorities changed their melodies as the US-China trade war progressed.
With AP
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