• 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
Rahm Emanuel mulling bid to steer DNC in wake of disastrous election night for Dems

related articles

DHS scorches Pritzker’s ‘sanctuary’ state after child rapist...

May 1, 2026

Socialist mayor’s blunt 1-word message to fleeing millionaires...

May 1, 2026

DC police captain cites bodycam footage of officers...

May 1, 2026

Amazon explores ‘The Apprentice’ reboot with Trump Jr...

May 1, 2026

MN governor race to replace Walz sees major...

May 1, 2026

Trump’s apocalyptic Iran warning raises stakes for sweeping...

April 7, 2026

Graham eyes ‘down payment’ on Trump-backed SAVE Act...

April 7, 2026

Democrat whose parents fled Iran moves to oust...

April 7, 2026

Midterm alarm bells: Democrats face steep favorability deficit...

April 7, 2026

American journalist kidnapped in Iraq is set free,...

April 7, 2026
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

  • Marco Rubio holds first meeting with families of hostages held by Hamas

    June 28, 2025
  • NATO chief warns Europe can’t defend itself without US as tensions rise over Greenland

    January 27, 2026
  • Can Saudi Arabia really undercut the world on AI with low-cost electricity?

    December 27, 2025
  • PS5 price hike signals pressure point for gaming industry: what’s next?

    March 29, 2026
  • More lawmakers say they’re rejecting paychecks as government shutdown drags on

    October 6, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

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

    July 21, 2024
  • 3

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

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,507)
  • Investing (2,447)
  • Stock (1,028)

Latest Posts

  • Top Dem used same app used in Atlantic scandal to set up contact with Steele dossier author

    March 25, 2025
  • Congress considers permanent national park fee increase for international visitors

    July 16, 2025
  • Graham issues ‘fatal’ warning if Maduro stays in power as US buildup raises stakes

    December 16, 2025

Recent Posts

  • Kamala Harris should prosecute Big Pharma, not bail it out

    October 7, 2024
  • DAVID MARCUS: Trump’s Canada tariffs take toll on would-be Conservative Prime Minister Pierre Poilievre

    March 10, 2025
  • The trucking industry hits the brakes with tariffs set to dent imports

    April 24, 2025

Editor’s Pick

  • Mike Johnson speaks out after Senate breakthrough on government shutdown

    November 10, 2025
  • LIZ PEEK: Trump’s first year: The good, the great and the foolish

    January 20, 2026
  • Trump pardons Rudy Giuliani, Mark Meadows, Sidney Powell, others involved in 2020 election interference saga

    November 10, 2025
  • 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