- Trump attributes to Tiktok for his re -election last year.
- The platform has 170 million users in unrelated states.
- The law of the Biden era requires the transfer of assets of Tiktok.
Washington: President Donald Trump will sign a decree on Thursday that declares that an agreement negotiated by the White House to sell US Tiktok operations will meet the requirements set out in a 2024 law, said a source from the White House with knowledge of the case.
Earlier this week, the White House said Trump would declare that an agreement to assign the US Tiktok operations of its Chinese owner bytedance will meet the requirements set out in a law adopted by the congress which prohibits the short video application unless its Chinese owner is finished.
Trump has credited Tiktok, who has 170 million American users, to have helped him earn a re -election last year and has 15 million followers on his personal account. The White House also launched an official Tiktok account last month.
Trump has delayed the application of the law until mid-December in the middle of efforts to extract American assets from Tiktok from the global platform, align American investors and ensure that the new property is considered to be a complete misunderstanding required under the law of 2024-adopted by the Biden administration requiring the desire of Tiktok which fears that its US user data will be rejected by the Chinese government.
Another extension is expected in the executive decree Thursday (today).
Last week, the American president said that business leaders Lachlan Murdoch, Larry Ellison and Michael Dell would be involved as American investors in a transmission project to keep Tiktok operating in the country.
Trump had previously said that the United States and China had made progress in an agreement that Tiktok’s American assets are transferred to the American owners of China.
