President Trump signed an executive order delaying the ban on TikTok by 75 days as he seeks a deal to keep the app operational in the U.S. Trump downplayed national security concerns, stating the app is 'worthless' without his approval and suggesting a possible 50% U.S. ownership. He also dismissed worries about data sharing with the Chinese government, asserting that the U.S. has 'bigger' issues to address.
Michelle StoddartAfter taking the oath of office, Trump spoke to a roaring crowd at Capital One Arena, where he also signed several executive orders.signed an executive order to postpone the ban on TikTok as he tries to find a way to keep the app active in the U.S. -- instructing the attorney general to delay the ban by 75 days.
"TikTok is worthless, worthless if I don't approve it, it has to close. I learned that from the people that own it. If I don't do the deal, it's worthless, worth nothing. If I do the deal, it's worth maybe a trillion dollars, a trillion," Trump said. "If I do the deal for the United States, then I think we should get half. In other words wait, I think the US should be entitled to get half of TikTok. And congratulations, TikTok has a good partner, and that would be worth, you know, could be $500 billion or something," Trump said.
When asked by a reporter in the room why he changed his mind about the app, Trump said it was because he got to use it and said that the U.S. has "bigger" concerns.
TRUMP TIKTOK EXECUTIVE ORDER NATIONAL SECURITY CHINA
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