President Trump asks ByteDance to transfer its interests in US within 90 days
(VOVWORLD) - US President Donald Trump has issued an executive order Friday giving ByteDance 90 days to either sell or spin off its TikTok business in the US.
Trump wrote in the order, which references national security concerns, that “there is credible evidence that leads me to believe that ByteDance ... might take action that threatens to impair the national security of the United States,”.
ByteDance is based in China, and the Trump administration has recently suggested that the company could share information about Americans with the Chinese government. The company has denied it does so.