President Trump has signed an govt order granting TikTok a 75-day extension to adjust to a regulation that requires a sale or ban of the platform.
He says throughout that point, the US won’t implement the regulation handed by Congress final 12 months and signed by former President Joe Biden.
The order was amongst a slew of directives Trump signed on Monday night.
Talking to reporters within the Oval Workplace, he mentioned: “I inform you what. Each wealthy particular person has known as me about TikTok.”
When requested by a reporter why he is had a change of coronary heart since making an attempt to ban TikTok in 2020, Trump responded: “As a result of I bought to make use of it.”
On Saturday night, the Chinese language-owned app stopped working for American customers, after a regulation banning it on nationwide safety grounds got here into impact.
It resumed providers to its 170 million customers within the US after Trump mentioned he would concern an govt order to provide the app a reprieve when he took workplace.
TikTok’s mum or dad firm, Bytedance, beforehand ignored a regulation requiring it to promote its US operations to keep away from a ban. The regulation was upheld by Supreme Courtroom on Friday and went into impact on Sunday.
Trump had backed a ban of the platform throughout his first time period within the White Home.
TikTok chief govt Shou Zi Chew attended Trump’s inauguration on Monday together with different large know-how bosses, together with Elon Musk, Mark Zuckerberg and Jeff Bezos.
Earlier on Monday, YouTube star Mr Beast posted a TikTok video of him apparently from a personal jet on his approach to make an official supply to purchase the brief video platform.
The put up gave no different particulars in regards to the supply, solely that it might be “loopy”.
Different firms, billionaires and celebrities have expressed curiosity in shopping for TikTok, together with X proprietor Musk and an investor from the TV present Shark Tank, Kevin O’Leary.
Extra reporting by Michelle Fleury