WASHINGTON, Aug 8 (NNN-AGENCIES) — Video-sharing app TikTok threatened to take legal action in US courts against Pres Donald Trump’s executive order banning anyone under US jurisdiction from doing business with the company’s owner ByteDance.
“We will pursue all remedies available to us in order to ensure that the rule of law is not discarded and that our company and our users are treated fairly — if not by the Administration, then by the US courts,” TikTok said in a statement.
Trump on Thursday signed an executive order barring transactions with the Chinese parent company of social media platform TikTok after 45 days.
“The United States must take aggressive action against the owners of TikTok to protect our national security,” the order said.
“The following actions shall be prohibited beginning 45 days after the date of this order… any transaction by any person, or with respect to any property, subject to the jurisdiction of the United States, with ByteDance Ltd.”
Earlier on Monday, Trump said TikTok will be “out of business” in the United States if not sold to a US firm by Sept 15.
“I set a date of around September 15, at which point it’s going to be out of business in the United States,” he told reporters.
“It’ll close down on September 15th unless Microsoft or somebody else is able to buy it and work out a deal.” — NNN-AGENCIES
