Pres Elect Trump considering executive order to circumvent the TicTok ban

The New York Times reporting that President-elect Trump is considering an executive order to circumvent the TIcTok ban.

The order would allow TicTok to continue to operate until a new owner is found. The Supreme Court is poised to decide on a federal law mandating TikTok’s Chinese parent company, ByteDance, to sell the app by January 19 or face a U.S. ban.

U.S. officials have expressed concerns that China could exploit TikTok to access Americans’ private data and disseminate covert disinformation. TikTok has argued that a sale is unfeasible and has contested the law, awaiting the Supreme Court’s decision.

This article was written by Greg Michalowski at www.forexlive.com.