Trump signed executive order for TikTok transfer to American owners

President Donald Trump issued an executive order Thursday, giving his approval for the sale of the American TikTok operations to a consortium of buyers.

This executive order comes after the new US company will be assessed at around $14 billion, the vice president said. JD Vance.

There was some resistance on the Chinese side, but the fundamental thing we wanted to achieve is that we wanted to keep TikT in operation, but we also wanted to make sure that we protected American data privacy as required by law”, Vance said.

While Trump said, “We had a good conversation, I told him what we were doing, and he told us to keep going”, and he conducts the telegraph.

Trump gave credit to TikTok, who has 170 million American users, for helping him win re-election last year and has 15 million followers in his personal account. The White House also opened an official account in TikTok last month.

“This will be operated by Americans by the end of”, Trump stressed.

He added that Michael Dell, Rupert Murdoch and “maybe four or five absolutely world-class investors” will be part of the deal. /Periscopi/