President Donald Trump has announced plans to issue an executive order delaying the enforcement of a TikTok ban, urging companies not to disable the popular app while negotiations take place. The move aims to secure a deal that addresses national security concerns and preserves TikTok’s availability in the U.S.
Trump proposed a joint venture in which the U.S. government would hold a 50% stake, ensuring the app remains operational and maintains its immense valuation, potentially reaching trillions of dollars. This arrangement would involve TikTok’s current and potential new owners.
The decision follows a Supreme Court ruling upholding the ban, which had led to TikTok’s removal from app stores. Trump’s assurances have prompted TikTok to resume operations, ensuring the app’s availability for his upcoming inauguration and other public events.
By delaying the ban, Trump aims to balance national security considerations with the platform’s continued presence in the U.S. tech landscape.