• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Will Trump White House rescue TikTok from looming ban? President-elect has done a 180 on the app

by November 15, 2024
written by November 15, 2024

Months ago, President-elect Trump vaguely suggested that those who ‘like TikTok’ should vote for him, raising the hopes for users of the video-sharing app that he might thwart a ban that is soon to take effect.  

‘We’re not doing anything with TikTok, but the other side is going to close it up, so if you like TikTok, go out and vote for Trump,’ Trump said in a September post on his Truth Social service.

He didn’t make any specific promises to reverse the impending ban, but his team says he will ‘deliver.’

‘The American people re-elected President Trump by a resounding margin, giving him a mandate to implement the promises he made on the campaign trail,’ Karoline Leavitt, a spokeswoman for Trump and Vice President-elect JD Vance’s transition team, said in a statement.

Working to reverse a ban, which should take effect in January, passed by Congress and signed into law by President Biden, would be a 180-degree reversal from 2020, when Trump tried to block the app in the U.S. or force its sale. 

Then, in April of this year, Biden signed a similar measure that gave TikTok’s parent company, ByteDance, until Jan. 19, 2025 — the day before the inauguration — to sell it or face a U.S. ban.

‘He appreciates the breadth and reach of TikTok, which he used masterfully along with podcasts and new media entrants to win,’ Kellyanne Conway, an adviser close to Trump who now advocates for TikTok, told The Washington Post.

‘There are many ways to hold China to account outside alienating 180 million U.S. users each month. Trump recognized early on that Democrats are the party of bans — gas-powered cars, menthol cigarettes, vapes, plastic straws and TikTok — and to let them own that draconian, anti-personal-choice space.’

The Trump White House could pressure the Republican-led Congress to reverse the TikTok ban. Or, the Justice Department could pursue a policy of loose enforcement of the law. 

TikTok is currently fighting in court to undo the law, arguing that it is unconstitutional. 

The law also allows the president to extend the divestment deadline by 90 days if the administration sees ‘significant progress’ toward a sale. 

The law is enforced by ordering app stores like Apple and Google to stop offering TikTok on their platforms, or be subjected to a fine. 

When it comes to Big Tech, Trump has focused much of his ire on TikTok’s rival, Meta, formerly Facebook. In a March interview with CNBC, Trump said the owner of Facebook and Instagram poses a far bigger threat, labeling Meta an ‘enemy of the people.’

‘Facebook has been very bad for our country, especially when it comes to elections,’ he said.

But since then, Meta’s CEO, Mark Zuckerberg, has given a number of glowing statements about Trump.

‘Congratulations to President Trump on a decisive victory. We have great opportunities ahead of us as a country. Looking forward to working with you and your administration,’ the tech mogul said after Trump’s win. 

Trump himself has more than 14 million followers on TikTok. ‘For all of those who want to save TikTok in America, vote for Trump. The other side is closing it up, but I’m now a big star on TikTok,’ he declared in September. 

But back on Capitol Hill, the national security threat of TikTok is a top concern for lawmakers of both parties — 197 Republicans and 155 Democrats voted for the bill to force ByteDance to divest. They fear that the Chinese parent company could be harnessing data on U.S. citizens and manipulating the content that users see to be against U.S. interests, charges that TikTok denies. 

But Trump’s Cabinet picks are largely China hawks who have supported the ban. His appointed national security adviser, Rep. Michael Waltz, R-Fla., voted for it. His choice for secretary of state, Sen. Marco Rubio, R-Fla., said that TikTok gives the Chinese government ‘a unique ability to monitor’ U.S. teens and that ‘we must ban this potential spyware before it is too late.’ 

Trump’s nominee for secretary of homeland security, South Dakota Gov. Kristi Noem, was the first governor to ban TikTok on government devices.

Public support for a TikTok ban has tanked in the U.S., with only 32% of Americans backing one, a Pew Research poll found in September. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump said to lift all military restrictions on Israel on 1st day in office according to reports
next post
Rand Paul wants to abolish agency established under Trump, but calls prospect ‘unlikely’

related articles

Ryan Routh chastised during opening statements in federal...

September 11, 2025

Country artist shares why he’s throwing his star...

September 11, 2025

Pastor recalls last moments with Charlie Kirk: ‘American...

September 11, 2025

EXCLUSIVE: House GOP report alleges $20B green grants...

September 11, 2025

Ryan Routh trial begins after jury seated in...

September 11, 2025

House Democrats open probe into FBI’s handling of...

September 11, 2025

JD Vance pens heartfelt tribute to Charlie Kirk...

September 11, 2025

Vigils held across US after assassination of Charlie...

September 11, 2025

Jury seated in trial of man accused of...

September 11, 2025

Charlie Kirk assassination sparks bipartisan uproar over political...

September 10, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Ripple and Tron: New support levels on Thursday

    October 10, 2024
  • RFK Jr. says he plans to also meet with Dems in bid to get confirmed as Trump HHS head

    December 17, 2024
  • Trump rescinds Biden-era policy declaring DEI an ‘integral’ part of scientific process

    March 20, 2025
  • Trump says Turkey ‘did an unfriendly takeover’ in Syria as US-brokered cease-fire appears to fail

    December 16, 2024
  • GEMS VIP Coin: Revolutionising Blockchain Investment

    September 5, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,993)
  • Investing (634)
  • Stock (924)

Latest Posts

  • NFL owners vote in favor of private equity investment

    August 28, 2024
  • Race for DNC chair narrows after longshot candidate drops out, endorses Minnesota’s Ken Martin

    January 16, 2025
  • Trump claims ‘I don’t know her’ and ‘listened to’ RFK Jr about surgeon general pick getting MAGA pushback

    May 9, 2025

Recent Posts

  • Amid soaring threats from Iran, Russia against US homeland, Biden-Harris must focus on protecting us all

    October 2, 2024
  • Trump administration offers buyouts to federal employees, including remote workers: ‘Deferred resignation’

    January 29, 2025
  • Senate confirms Pam Bondi as US attorney general

    February 5, 2025

Editor’s Pick

  • Fox streaming service to be called Fox One, launch before NFL season

    May 13, 2025
  • ‘Big win’: Trump touts federal funding bill passage in the House

    March 12, 2025
  • Here’s the speech Biden should have given to a troubled United Nations

    October 3, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock