Trump bans ‘transactions’ with Chinese owners of TikTok, WeChat

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Trump bans ‘transactions’ with Chinese owners of TikTok, WeChat
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President Donald Trump on Thursday ordered an unspecified ban on “transactions” with the Chinese owners of the consumer apps TikTok and WeChat.

The twin executive orders — one for each app — take effect in 45 days. They call on the Secretary of Commerce to define the banned transactions by that time. The orders’ wording is vague, but leaves open the possibility that hosting the apps in the Apple AAPL, +3.48% and Alphabet’s GOOGL, +1.74% GOOG, +1.79% Google app stores could be covered by the ban.

U.S. Secretary of State Mike Pompeo said Wednesday that he was expanding the U.S. crackdown on Chinese technology to personal apps, citing alleged security threats and calling out TikTok and WeChat by name. Analysts on Wednesday questioned the legal basis for a ban on apps. TikTok is a video-sharing app that’s widely popular among young people in the U.S. and elsewhere. It is owned by the Chinese company ByteDance, which operates a separate version for the Chinese market. TikTok insists it does not store U.S. user information in China and would not share it with the Chinese government.

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