Trump promises to delay TikTok ban, proposes US ownership stake
Donald Trump Plans to Delay TikTok Ban for 90 Days
In Washington, DC, US President-elect Donald Trump announced on Truth Social his intention to issue an executive order to delay the TikTok ban for 90 days. This extension aims to allow negotiations for a solution that ensures national security while keeping TikTok operational in the US. Trump proposed a joint venture with a 50% US ownership stake in TikTok.
Trump urged companies to prevent TikTok from going offline, stating, "I'm asking companies not to let TikTok stay dark! I will issue an executive order on Monday to extend the period of time before the law's prohibitions take effect so that we can make a deal to protect our national security." He assured that companies helping TikTok would not face liability.
Earlier, TikTok went offline in the US after the Supreme Court upheld a law banning the app unless sold to a US-based or allied company. The law, signed by President Joe Biden, prohibits US companies from hosting TikTok content unless ownership is transferred. Despite the ban, TikTok expressed optimism about working with Trump's administration.
Trump hinted at a 90-day extension, stating, "The 90-day extension is something that will most likely be done because it's appropriate." The app's removal from major platforms like Apple's App Store and Google Play marked the ban's enforcement. Concerns over TikTok's ties to China and access to US user data remain, but Trump's statements position him as a potential savior for the app.
Doubts Revealed
Donald Trump
Donald Trump is a businessman and politician who served as the 45th President of the United States from 2017 to 2021.
TikTok
TikTok is a popular social media app where people can create and share short videos, often with music and special effects.
Ban
A ban is an official rule that stops people from using or doing something. In this case, it means stopping TikTok from being used in the US.
National security
National security means keeping a country safe from threats or danger. Sometimes, governments take actions to protect their country's safety.
Joint venture
A joint venture is when two or more companies work together on a project, sharing ownership and profits. Here, it means TikTok would be partly owned by a US company.
US President-elect
US President-elect is the person who has been elected to be the next President of the United States but has not yet taken office.
50% US ownership stake
This means that half of TikTok would be owned by a company or people from the United States.
President Biden
President Biden is the current President of the United States, having taken office in January 2021.
CEO
CEO stands for Chief Executive Officer, which is the person in charge of managing a company.
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