Trump to Issue Executive Order to Extend TikTok Ban, Seeks 50% U.S. Ownership

Jan 19, 2025, 03:12 PM

President Donald Trump has announced his intention to issue an executive order on Monday to extend the timeline before a ban on TikTok takes effect. Trump is asking companies to keep TikTok running and is advocating for a deal that would include 50% U.S. ownership of the app. He stated that this move is to prevent TikTok from going dark and to facilitate a deal that protects American interests.