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VisitTrump Urges Supreme Court to Pause TikTok Ban Law Until Jan. 20 Inauguration for Political Resolution
Dec 27, 2024, 10:13 PM
President-elect Donald Trump has urged the U.S. Supreme Court to pause a law, the Protecting Americans from Foreign Adversary Controlled Applications Act, that would ban the TikTok social media platform on Jan. 19, unless it is sold by its Chinese parent company, ByteDance. Trump's request comes in an amicus brief filed with the court, where he argues for time to pursue a political resolution to the dispute after his inauguration on Jan. 20. The Supreme Court is scheduled to hear arguments on the case on Jan. 10. The law was passed by Congress and signed by President Joe Biden, requiring ByteDance to divest TikTok or face a ban in the U.S. Trump's filing does not address the constitutionality of the law but emphasizes his ability to negotiate a solution.
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Markets
No • 50%
Yes • 50%
Official announcements from ByteDance or acquiring company
Yes • 50%
No • 50%
Supreme Court ruling available through official court announcements
No • 50%
Yes • 50%
U.S. government enforcement announcements
Legislative amendment to existing law • 25%
No deal, ban enforced • 25%
Negotiated deal with Trump administration • 25%
Other political resolution • 25%
Official announcements from U.S. government or ByteDance
Banned in the U.S. • 25%
Sold to non-Chinese company • 25%
Operates under U.S. subsidiary • 25%
Other resolution • 25%
Official announcements from ByteDance, U.S. government, or acquiring company
Overturn ban completely • 34%
Pause ban until Jan 20, 2025 • 33%
Uphold ban starting Jan 19, 2025 • 33%
Supreme Court ruling available through official court announcements