President Donald Trump on Thursday issued executive orders to ban transactions with popular video sharing app TikTok and social media app WeChat in 45 days. The executive orders also ban transactions with the two social media applications’ parent companies, Chinese-owned ByteDance and Tencent Holdings.
The executive order for TikTok said that “any transaction by any person, or with respect to any property, subject to the jurisdiction of the United States” would be prohibited “with ByteDance Ltd. (a.k.a. Zìjié Tiàodòng), Beijing, China, or its subsidiaries,” in 45 days after the order, which is after Sept. 20.
