US President Donald Trump has released an executive order banning transactions between its entities and the parent companies of TikTok and WeChat. The apps will be banned in the US unless they are sold to an American buyer by September 20.
According to the administration, this ban is an effort to “address the national emergency with respect to the information and communication technology supply chain.”
“The spread [of apps controlled by the Chinese government] continues to threaten the national security, foreign policy, and economy of the United States,” the order reads. “The United States must take aggressive action against the owners of TikTok to protect our national security.”
Although TikTok has been walking on thin ice in the US, it does have a potential buyer in Microsoft. The tech giant has 45 days to save the short-video app from getting banned.
Meanwhile, WeChat’s case is more complicated. Its owner, Tencent, has massive holdings in different game development studios, film productions, Snapchat, music companies, and more. Long-time Apple analyst Ming-Chi Kuo says the ban might see an iPhone sales decline globally if the messaging app will be removed from the App Store worldwide.
However, the ban might see the two apps pulled from Apple and Google app stores in the US only, similar to what happened with Huawei in 2019.