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President Trump has signed a new executive order which will block all transactions with Bytedance, TikTok’s parent corporation, in an effort to “address the national emergency with respect to the information and communication technology supply chain.” It isn’t effectively immediately, but has a 45 day deadline.
“The spread [of apps controlled by the Chinese government] continues to threaten the national security, foreign policy, and economy of the United States,” the order reads. “The United States must take aggressive action against the owners of TikTok to protect our national security.”
A parallel order banned transactions with WeChat, a popular texting app in China that maintains a small user base in the US.
The move comes after…