Trump to Issue Executive Order on TikTok Sale (Comprehensive)
US Media Outlets Report Sale Order Rumors
Trump Himself Says, "Let's See What Happens"
[Asia Economy New York=Correspondent Baek Jong-min] U.S. President Donald Trump stated that he is considering various options, including a ban, regarding the U.S. measures on the Chinese social media platform TikTok. U.S. media reported that President Trump is expected to sign an executive order requiring TikTok to sell its U.S. operations, with Microsoft being mentioned as a potential buyer.
On the 31st (local time), before leaving for Florida, President Trump told reporters, "We are looking into TikTok," adding, "We might ban TikTok. We might do something else."
He continued, "There are a couple of options. But a lot is happening," and said, "So let's see what happens."
In this regard, Bloomberg News, citing sources, reported that President Trump will sign an executive order requiring ByteDance, TikTok's Chinese parent company, to sell TikTok's U.S. operations. The Wall Street Journal also reported the same, and Fox News mentioned rumors that Microsoft is set to acquire TikTok's U.S. business.
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Earlier, Treasury Secretary Steven Mnuchin said on the 29th that a review related to TikTok is underway and that he would submit recommendations to the President within this week.
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