President-elect Trump After its brief ban, TikTok announced its return to the US market at a pre-opening rally on Sunday under new regulation.
This time, he told supporters gathered in Washington that he aims to broker a deal in which the United States will own 50% of the popular program's operations.
USA on Friday The Supreme Court approved Bipartisan legislation was passed last year to ban TikTok unless China-owned ByteDance sells it by Sunday, citing national security risks due to its ties to China's communist government. The decision comes after months of negotiations over national security concerns about the app being owned by China.
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Trump, who claims the app helped him join young voters during the campaignurged companies not to allow TikTok to go dark.
“If you don't approve, they're out of a job, they're worth nothing. If you approve, they're worth $1 trillion… some crazy number. So I said, 'I'll approve, but let's say the United States owns 50% of TikTok.' he said.
“We don't want to give our jobs to China. We don't want to give our jobs to other people,” he said, stressing the importance of maintaining the program.
He also argued that the joint venture would pose no risk to the United States
“There's no risk. We're not putting up any money. All we're doing is giving them permission, without that they've got nothing,” he said.
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Trump wrote before his statements About Truth Social He will issue an executive order on Monday, when he will be sworn in as the country's 47th president, “to extend the time until the ban goes into effect so we can make an agreement to protect our national security.”
“The order will also confirm that there will be no liability for any company that helped blackball TikTok before my order,” he said.
The social media company has begun resuming operations in the US following Trump's promise to keep the app out of the dark in the US.
TikTok's account dedicated to posting policy updates on X posted a statement on Sunday that “in agreement with our service providers, TikTok is in the process of restoring service.”
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“We thank President Trump for providing the necessary clarity and certainty to our service providers who provide TikTok to more than 170 million Americans and allow more than 7 million small businesses to thrive.” “This is a pro-First Amendment and strong stance against arbitrary censorship. We will work with President Trump on a long-term solution that keeps TikTok in the US.”
TikTok CEO Shaw Chew is expected to attend Trump's inauguration. According to Fox News.
FOX News' Danielle Wallace contributed to this report.
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