US Administration Takes on Chinese Social Media


Source: jdsupra.com jdsupra.com

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President Trump signed an Executive Order (EO) (TikTok EO) August 6, 2020, banning “transactions” yet to be identified by the US Department of Commerce (Commerce) related to TikTok and its parent ByteDance Ltd. Specifically, the TikTok EO moves to prohibit “any transaction by any person, or with respect to any property, subject to the jurisdiction of the United States with ByteDance” or its subsidiaries. The TikTok EO takes effect on September 20, 2020, but will require further action from Commerce at (or possibly before) that time to clarify what transactions will be prohibited. Relevant Authorities As usual, when national security...