President-elect Donald Trump's attempts to extend the TikTok ban deadline and ensure its availability for his inauguration have sparked legal and financial uncertainties for American companies supporting the app. Trump's assurances that they won't face billions in penalties for defying the law are legally questionable, putting companies in a precarious position.
No matter what TikTok says in its laudatory pop-up messages, President-elect Donald Trump cannot simply declare an extension of the TikTok ban deadline and protect American companies that support it from billions of dollars in fines. Trump seems to want TikTok available for his inauguration on Monday, because “Americans deserve” to see the event. But TikTok is officially banned starting today until it sells to a non-Chinese company, and there’s no deal in sight.
” '“This would suggest that a post on Truth Social is enough for some companies to proceed to voluntarily violate federal law”' For now, however, Trump’s assurances that it’s safe to support TikTok are legally flimsy. TikTok began coming back online in the US mid-day Sunday, suggesting its service provider Oracle might be relying on Trump’s assurance on Truth Social that he’d delay the ban, though the company has not confirmed or commented.
TRUMP TIKTOK LAW BAN FINES Inauguration
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