In a bold move, President-elect Donald Trump announced plans to sign an executive order to prevent TikTok from being banned, proposing a joint venture with China to ensure its continued operation in the U.S. Trump's push highlights his commitment to keeping TikTok a viable platform amid national security concerns, reshaping the dialogue around foreign tech investment. His ultimatum, indicating that only he can resolve the situation, sends a strong message about the intersection of politics, technology, and commerce.
Trump's directive demands companies support TikTok's continuance, stating, 'I will issue an executive order on Monday to extend the period before the law's prohibitions take effect.' This statement not only showcases his dedication to the app's survival but also emphasizes the importance he places on national security measures tied to foreign-owned technology, defining the narrative of ownership and control over digital spaces that impact millions of American users.
By proposing a 50% U.S. ownership stake in a prospective joint venture, Trump reinforces his stance on American interests in technology. His remarks assert that 'Without U.S. approval, there is no TikTok,' which underscores the perceived need for the U.S. to maintain a significant role in the ownership structure of internationally popular tech platforms to protect domestic interests and address potential security threats.
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