Trump Issues Executive Orders Against Chinese Owners Of TikTok And WeChat

Aug 6, 2020,09:51pm EDT

Jack Brewster Forbes Staff Business I’m a news reporter for Forbes.

Updated Aug 6, 2020, 10:33pm EDT

President Trump signed an executive order on Thursday that will prohibit Americans from doing business with ByteDance, the company that owns TikTok, and a similar order that bans transactions involving WeChat, a social messaging app, with its owner, Tencent, beginning September 20, in an effort to bar the China-owned social media platforms from the U.S. due to national security concerns.

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