After signing an executive decree to avoid the prohibition of Tiktok on Monday, President Donald Trump to inform his resolution to impose opposite costs to China may be connected to Beijing’s reaction to an American entity that acquires at least 50% of The Social Network Platform. .

Trump signed a decree on Monday night to avoid the prohibition of Tiktok for 75 days “to allow my administration the opportunity for the right line of conduct” in the destination of the platform.

Trump said he hopes that China approves all the agreement that the United States would like to conclude with Tiktok, “because we are putting costs in Chinaarray . . . I do not say we will do it, but we can do it. “

The president said that the United States “should have the right to download part of Tiktok” if it continued to work after the extension of 75 days and said that the “without value platform does not ‘not approve. “

Trump warned if China had blocked the agreement, “so it is a safe hostility and put costs of 25, 30, 50%, even 100%. “

The president said that Tiktok can be value for one billion dollars if “we would have a joint business with other people from Tiktok. “

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It is not transparent if the president needs the United States government to have part of Tiktok, or if it means that 50% of the social media platform belongs to an American company. Trump also did not specify whether he expected that Tiktok’s Chinese father perform 50% of Tiktok assets in the United States in exchange for being legal to work in the country, or if he needs to settle for a sale.

In November, Trump said that the costs opposed to all imports from China, Mexico and Canada would be one of the first decrees that would indicate after access to office. The president has not indicated any death related to the costs on Monday, but warned that a 25% tax over all imports from Canada and Mexico will probably enter into force on February 1. Speaking with the new instances of the Oval office, Trump continued to accuse the two American neighbors to allow undocumented drugs and immigrants in the country. However, the president did not adopt to impose costs on China, apart from the risk of Tiktok, and said: “We will have meetings and calls with President XI. ” Trump also showed that he was invited to a stop in China this year and said he opened there.

Any sale of Tiktok will have to be approved through Beijing because that agreement is very likely to come with the Tiktok algorithm, which is covered through Chinese export control regulations on “custom content recommendation tools. ” The Chinese government had declared in the past that they would block all forced sales of Tiktok. However, Beijing gave a softer tone on this subject on Monday with the spokesman of Chinese foreign affairs Mao None: “For movements such as commercial operations and acquisitions, we believe that they deserve to be taken independently through corporations according to the principles of the market. “

Tiktok ban live updates: Trump prohibits the prohibition of days, after the CEO attended the inauguration (Forbes)

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