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Donald Trump Signs Order Banning Transactions Wit TikTok And WeChat Parent Tencent
The TikTok mobile application has been downloaded some 175 million times in the US and more than a billion times around the world, according to the order.
Donald Trump Signs Order Banning Transactions With TikTok And WeChat Parent Tencent
New Delhi: On Thursday United States President Donald Trump signed an executive order barring transactions with the ByteDance Ltd, the parent company of the Chinese social media platform TikTok and WeChat, reported The Washington Post.
The order will be effective after 45 days.The order states that TikTok and WeChat will not be able to appear on Google's Play Store and Apple's App Store in the United States.
“The United States must take aggressive action against the owners of TikTok to protect our national security,” the order said, according to AFP. “The following actions shall be prohibited beginning 45 days after the date of this order...any transaction by any person, or with respect to any property, subject to the jurisdiction of the United States, with ByteDance Ltd.”
Last month the US federal authorities have raised concerns that TokTok could be used by the Chinese intelligence agencies. Donald Trump on August 1 had said that he will ban TikTok in the United States.
The founder of ByteDance Ltd on August 5 said sale to Microsoft was the only way TikTok could prevent itself from being banned in the US.
On August 3 Microsoft had said it was in talks with ByteDance to by part of TikTok.
Donald Trump the same day after changing his mind on banning TikTok gave Microsoft over a month to acquire it. Satya Nadella said his firms hope to reach a deal with TikTok by September 15.
India banned the Chinese app in the aftermath of the GalwanValley clash, in which 20 Indian soldiers were killed. The deaths of the Indian soldiers had sparked calls for the boycotts of the Chinese goods and businesses.
Centre in July has banned 59 Chinese apps citing threats to the national security and sovereignty.47 applications which were clones of the banned apps last week were also blocked. China has called India's move to ban the mobile apps a violation of Worl Trade Organization rules.