{"id":816,"date":"2020-08-07T14:00:21","date_gmt":"2020-08-07T14:00:21","guid":{"rendered":"https:\/\/businessner.com\/?p=816"},"modified":"2020-08-07T10:36:14","modified_gmt":"2020-08-07T10:36:14","slug":"trump-issues-executive-orders-banning-tiktok-and-wechat","status":"publish","type":"post","link":"https:\/\/businessner.com\/trump-issues-executive-orders-banning-tiktok-and-wechat\/","title":{"rendered":"Trump Issues Executive Orders Banning TikTok and WeChat"},"content":{"rendered":"
President Donald Trump on Thursday (August 6) issued separate executive orders to ban transactions with popular Chinese-owned apps TikTok and We Chat in the United States.<\/p>\n
Trump has been threatening a ban on the two popular Chinese-owned apps owned by their parent companies ByteDance and Tencent since last month.<\/p>\n
The ban will prohibit U.S. businesses from making transactions with ByteDance and Tencent and will take effect in 45 days.<\/p>\n
While it is unclear at this point how the executive order will affect ByteDance and Tencent’s operations in the U.S., this latest White House action could potentially worsen the ongoing trade war between the United States and China.<\/p>\n