75-day postponement from Trump to TikTok ban
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75 days on TikTok
In his statement, Trump stated that the timing of the law’s entry into force was “unfortunate” and that it prevented him from assessing its effects on national security and foreign policy. With the decree, in order for TikTok to continue operating in the USA, ByteDance A negotiation period of 75 days became well known.
Trump had previously attempted to ban the platform, citing “national security risks” over allegations that TikTok could leak US user data to the Chinese government. While critics claimed that TikTok could put the sensitive information of US users at risk, the company denied these allegations and launched a long-term project called “Project Texas” to store user data in the USA by Oracle. However, these talks with the Committee on Foreign Investment in the United States (CFIUS) stopped last year.
TikTok’s future is still uncertain
Trump stated in the decree that TikTok took precautions will reevaluate and that it would review whether it was sufficient to alleviate national security concerns. TikTok was out of access for a while before the ban came into force, but it returned to service in a short time after Trump’s decision.
On the other hand, Trump presented a proposal for TikTok to operate permanently in the USA and brought up a joint venture model in which American companies would own 50 percent of TikTok. This proposal seems to aim to both alleviate US security concerns and maintain balance in economic relations with China. Although Trump’s executive order temporarily secures TikTok’s operations in the US, the long-term future of the platform still remains uncertain.
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