Afghanistan, Sept. 25 -- U.S. President Donald Trump will sign an order enforcing a 2024 law requiring TikTok's U.S. assets be sold, citing Chinese ownership and national security concerns.
U.S. President Donald Trump is set to sign an executive order on Thursday requiring TikTok's American assets to be sold, in line with a law passed in 2024.
The legislation bans Chinese ownership of the video-sharing app, forcing parent company ByteDance to divest its U.S. operations or face a nationwide ban. Reuters reported that the enforcement order is designed to formalize the law's implementation.
Implementation has been delayed until mid-December to allow TikTok's U.S. business to be separated and transferred to new American investors, according ...