• 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

Senate Republicans eye changes to Trump’s megabill after...

June 1, 2025

Trump shares post saying Biden was executed, replaced...

June 1, 2025

House Dems’ campaign chair says her party’s ‘on...

June 1, 2025

Trump warns Rand Paul he’s playing into ‘hands...

June 1, 2025

White House urges Iran to accept nuclear deal...

June 1, 2025

Israel hostage deal in doubt as Hamas adds...

May 31, 2025

Iran condemns Austria over report on advanced nuclear...

May 31, 2025

Hamas agrees to release 10 more hostages

May 31, 2025

Michelle Obama facing backlash over claim about women’s...

May 31, 2025

ROBERT MAGINNIS: 9 signs Beijing’s Taiwan invasion may...

May 31, 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

  • Interview: ‘No one, not even us, can see what you are doing’ — NymVPN’s CSO ahead of launch

    March 3, 2025
  • Trump White House takes 100-day victory lap on reforming key agency amid fierce pushback

    April 29, 2025
  • Trump adviser Alina Habba hits campaign trail to attract Arab American support in swing state Michigan

    September 13, 2024
  • Trump’s latest moves signals most ‘hawkish’ approach on China yet: expert

    February 26, 2025
  • Netanyahu says security in Gaza is critical to stop Hamas smuggling hostages into Iran: ‘lost forever’

    September 6, 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

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

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

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

    July 19, 2024
  • 5

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

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,745)
  • Investing (624)
  • Stock (775)

Latest Posts

  • Dems hit Medicaid, Elon Musk fears in expensive campaign targeting 23 House Republicans

    March 3, 2025
  • Trump world fires back at Politico over report White House may lift sanctions on Russian assets

    April 25, 2025
  • The great airlift: how Apple ferried 1.5M iPhones from India to the US to beat Trump tariffs

    April 10, 2025

Recent Posts

  • All eyes on Russia-Ukraine as Trump kicks off fourth week back in Oval Office

    February 17, 2025
  • Kevin Hassett doubles down on Trump tariffs, says dozens of countries are asking to negotiate

    April 6, 2025
  • Nvidia results spark global chip rally

    May 30, 2025

Editor’s Pick

  • Trump campaign slams Harris as ‘still a San Francisco radical’ after CNN interview

    August 30, 2024
  • Agenus stock plummets over 50% as FDA rejects accelerated approval for BOT/BAL cancer therapy

    July 18, 2024
  • Senate GOP pushes Trump budget framework through after marathon vote series

    April 5, 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