Trump Orders TikTok Parent Company to Sell US Assets, Authorizes Full Audit

Trump Orders TikTok Parent Company to Sell US Assets, Authorizes Full Audit
The logo of Chinese video app TikTok is seen on the side of the company's new office space at the C3 campus on August 11, 2020 in Culver City, in the westside of Los Angeles. CHRIS DELMAS/AFP via Getty Images
Ivan Pentchoukov
Updated:

President Donald Trump invoked the Defense Production Act on Aug. 14 to order the Chinese parent company of the TikTok app to divest its U.S. assets in 90 days and authorized U.S. officials to access the company’s premises to conduct an audit ensuring the company is not endangering national security.

The executive order is the latest in Trump’s campaign against the app, which U.S. officials and experts believe acts as spyware for the Chinese Communist Party (CCP). The order deems illegal the acquisition of the musical.ly app by ByteDance, TikTok’s Beijing-based parent company. ByteDance rebranded musical.ly as TikTok after the purchase.

Ivan Pentchoukov
Ivan Pentchoukov
Author
Ivan is the national editor of The Epoch Times. He has reported for The Epoch Times on a variety of topics since 2011.
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