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Trump Slaps Tariffs On All Trading Partners

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Trump Signs Order to Postpone TikTok Ban By 75 Days

January 21, 2025
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President Donald Trump has signed an executive order delaying the enforcement of a law that would effectively ban TikTok in the United States.

The 75-day reprieve aims to find a resolution that balances national security concerns with the platform’s continued availability.

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Trump hinted at a possible partnership between TikTok’s Chinese owner, ByteDance, and U.S. firms, tying the negotiations to broader trade issues with China.

The Protecting Americans from Foreign Adversary Controlled Applications Act, which took effect on January 19, bans the distribution and updates of TikTok in the U.S. due to concerns over potential misuse of American data by China.

The law passed with bipartisan support and signed by former President Joe Biden, reflects rising unease about foreign-owned applications influencing U.S. citizens.

In a marked shift, Trump expressed a newfound appreciation for TikTok, crediting the app for its role in engaging young voters during his campaign.

“I guess I have a warm spot for TikTok that I didn’t have originally,” Trump said, emphasizing his interest in preserving the platform while safeguarding national security.

TikTok had ceased operations in the U.S. as the law’s enforcement deadline approached, leaving millions of users locked out. Trump quickly moved to reassure the public, promising swift action to delay the ban and explore avenues for a compromise.

On Sunday, the platform resumed its services, attributing the turnaround to Trump’s intervention, even as the outgoing Biden administration declined to enforce the ban.

Trump proposed a joint venture that could involve U.S. firms partnering with ByteDance, suggesting such a deal could elevate TikTok’s valuation significantly. “With TikTok, I have the right to either sell it or close it,” he said, predicting a trillion-dollar valuation if the negotiations succeed.

The executive order also shields service providers like Apple and Google from legal repercussions, ensuring they can host and update TikTok without penalties. Oracle, which handles TikTok’s U.S. servers, is similarly protected during the pause. This move aims to stabilize the platform while a more permanent solution is pursued.

The temporary delay allows the administration to negotiate a framework that addresses security risks without depriving Americans of access to the popular app. Trump also signalled the need for China’s cooperation, warning of potential retaliatory measures, including tariffs, if Beijing obstructs the process.

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