TikTok, which suspended its service in the US the day before, announced that it might resume service with the support of President Donald Trump. President Trump also announced that he would turn TikTok right into a three way partnership, with the US and China each owning 50% of the shares. Lawmakers who enacted the TikTok law to sever ties with the Chinese government opposed it.
On the twentieth, TikTok announced through
“We’re grateful that President Trump has provided much-needed clarity and assurance to service providers that they are going to not be penalized for bringing TikTok to greater than 170 million Americans and enabling greater than 7 million small businesses to thrive.” He said, “We are going to work with President Trump to give you a long-term solution to maintain TikTok in the US.”
With this, TikTok’s suspension within the U.S. led to just someday. TikTok actually went ahead with this the day before, saying, “Unless the Biden administration makes a definitive statement that it’ll decelerate law enforcement, we’ll suspend service on the nineteenth.” Consequently, TikTok disappeared from the Google and Apple app stores, and a message saying that the service was inaccessible to existing apps was displayed.
Two hours earlier, President Trump announced that he would save TikTok through his social media platform, Social Truth.
“We’re asking corporations to maintain TikTok in dark mode. We are going to issue an executive order on Monday to increase the period before the legal ban takes effect, allowing transactions to be made to guard national security,” he said.
Specifically, he said, “We hope that the US may have 50% ownership within the three way partnership,” adding, “This may make sure that TikTok can’t be maintained without the approval of the US.”
That is the primary time that President Trump has mentioned the establishment of a three way partnership. Previously, on the 18th, Perplexity AI announced that it had submitted a proposal to ascertain a brand new three way partnership by combining TikTok and American capital.
This appears to mean that TikTok, which had pushed ahead with shutting down the service until the day before, saying it had no plans to sell, has agreed to the establishment of a three way partnership. On this case, TikTok and the Jungkook government will have the option to take care of shares within the TikTok U.S. three way partnership.
Nevertheless, it has been identified that this deviates from the aim of enacting the TikTok law with the intention of severing relations with the Chinese government.
“We’d like a divestment and complete withdrawal from the Chinese Communist Party,” House Speaker Mike Johnson said in an interview with NBC. Because of this the Chinese government is against still influencing TikTok in the shape of a three way partnership.
As well as, Senate Intelligence Committee Chairman Tom Cotton and Senator Paul Ricketts agreed with this and said in a social media post, “There is completely no legal basis to increase the effective date of the TikTok law.” Chairman Johnson and others are all members of the identical Republican Party as Trump.
Meanwhile, a bunch of TikTok supporters formed to induce President Trump to maintain his pledge. “Saving TikTok is Trump’s promise, and that’s why so many young people voted for him,” an influencer named Tiffany Cianci said in an interview with Bloomberg. “We urge him to instantly follow through on his promise.”
Reporter Lim Da-jun ydj@aitimes.com
