Donald Trump
Donald Trump orders China's ByteDance to divest interests in TikTok's US operations
Washington/Sputnik: US President Donald Trump has issued an executive order requiring China's ByteDance to divest interests in TikTok's US operations within 90 days.
"In order to effectuate this order, not later than 90 days after the date of this order, unless such date is extended for a period not to exceed 30 days, on such written conditions as the Committee on Foreign Investment in the United States (CFIUS) may impose, ByteDance, its subsidiaries, affiliates, and Chinese shareholders, shall divest all interests and rights in: any tangible or intangible assets or property, wherever located, used to enable or support ByteDance's operation of the TikTok application in the United States, as determined by the Committee," Trump said in the order on Friday.
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