Trump Signs Executive Orders to Ban US Transactions With Chinese Companies ByteDance and Tencent

President Donald Trump has signed two executive orders that would officially ban any U.S. transactions with the Chinese companies that own TikTok and WeChat, in an escalation of the ongoing technological cold war between the two countries.

tiktok logo
The executive orders would prohibit "any transaction by any person, or with respect to any property, subject to the jurisdiction of the United States," with ByteDance and Tencent, beginning in 45 days. TikTok, which is owned by ByteDance, said it was "shocked" by the executive order and that it will respond in court, if necessary.

TikTok has come under increasing scrutiny by the U.S. government due to concerns that it can theoretically be compelled by Chinese law to hand over all collected user data. Trump has said that TikTok must sell off its U.S. operations in 45 days and that the deal must include a substantial payment to the U.S. government, otherwise the app would be banned. China has reacted angrily to the threat, and warned that it would refuse to accept the "theft" of TikTok if the deal goes ahead.

Microsoft has publicly confirmed its intention to purchase TikTok in the United States and several other territories, and the company is currently in discussions with ByteDance. A previous report suggesting Apple is interested in buying the app turned out to be inaccurate.


WeChat, owned by Tencent, is heavily relied upon in China as a messaging platform, as an interface for numerous other apps, and to make mobile transactions. Most Western chat apps are banned in China, but WeChat is widely used around the world and has over 1.2 billion monthly active users.

The executive orders could also pose problems for a number of other businesses. Tencent is an investor in several U.S. companies including Tesla, Reddit and Spotify. It also owns a substantial amount of shares in Riot Games and Epic Games, the makers of League of Legends and Fortnite, respectively.

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Tags: WeChat, TikTok

Top Rated Comments

1applerules1 Avatar
24 months ago
That’s actually a lot more generous of an executive order then I was expecting. The Chinese government doesn’t deserve an extra 45 days. I still support the decision though.
Score: 34 Votes (Like | Disagree)
itsmilo Avatar
24 months ago
sometimes I am really impressed by how much power the president has on his own in the US. Almost feels like its a half dictatorship like he can veto things, just decide stuff like this on his own. Crazy

And what about state side companies that collect personal data to share and sell them? like your very own mobile phone providers.
Score: 31 Votes (Like | Disagree)
Unggoy Murderer Avatar
24 months ago
Excellent, hopefully the ban will inspire other countries and areas to consider similar action. It's time that China is reminded that they can't trample the rest of the world without penalty.
Score: 26 Votes (Like | Disagree)
826317 Avatar
24 months ago
Imagine if Obama signed this executive order, none of you would be against it, let's be real about that hahaha.
Score: 25 Votes (Like | Disagree)
magicschoolbus Avatar
24 months ago
Excellent, this is a big step in the right direction
Score: 22 Votes (Like | Disagree)
chineseguy38 Avatar
24 months ago
Ban, ban and ban all of them. Also anything made in China.
Score: 20 Votes (Like | Disagree)

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