CD Media
Business

Trump Says He Signs Off On TikTok Deal, Company Likely To Avoid U.S. shutdown

Trump Says He Signs Off On TikTok Deal, Company Likely To Avoid U.S. shutdown
Image by Leonel Sohns

President Trump on Saturday told reporters he had preemptively approved of a proposed partnership between TikTok, Walmart and the software company Oracle, a move that will likely ensure that TikTok can avoid a shutdown in the U.S. market while ameliorating security concerns related to the popular app. 

“I have given the deal my blessing; if they get it done that’s great, if they don’t that’s okay too,” Trump told reporters at the White House on Saturday. “I approved the deal in concept.”

The Trump administration has been pushing in recent months to address what it claims are national security concerns tied to TikTok’s Chinese ownership. The program, which allows users to share short videos with each other via mobile devices, was set to be banned from U.S. app stores at midnight on Sunday…

To read more visit Just The News.

Related posts

US Sanctions Nord Stream II In Bid To Halt Construction

CD Media Staff

Russia, OPEC Fail To Agree On Production Cuts To Halt Slide In Crude Price

CD Media Staff

UPDATE: Boris Johnson To Pull Out Of Huawei 5G Contract Due To CCP Misinformation, US Pressure

Court Anderson

2 comments

Trump Says He Signs Off On TikTok Deal, Company Likely To Avoid U.S. shutdown - Globalist News | #Globalist September 19, 2020 at 11:57 pm

[…] post Trump Says He Signs Off On TikTok Deal, Company Likely To Avoid U.S. shutdown appeared first on CD […]

Reply
Video: “Fortress Taiwan” US Arms Sale Enrages China - Globalist News | #Globalist September 20, 2020 at 9:59 am

[…] Trump Says He Signs Off On TikTok Deal, Company Likely To Avoid U.S. shutdown […]

Reply

Leave a Comment