China said on Friday the companies comply with U.S. laws and regulations and warned that the United States would have to 'bear the consequences' of its action
WASHINGTON - U.S. President Donald Trump has unveiled sweeping bans on U.S. transactions with the Chinese owners of messaging app WeChat and video-sharing app TikTok, escalating a high-stakes confrontation with Beijing over the future of the global tech industry.
TikTok has come under fire from U.S. lawmakers over national security concerns surrounding data collection as distrust between Washington and Beijing grows. Reuters on Sunday reported that Trump has given Microsoft Corp 45 days to complete the purchase of TikTok's U.S. operations. U.S. social media and messaging services such Facebook Inc's WhatsApp and Messenger are blocked in China, where a"great firewall" prevents citizens from freely accessing the worldwide web, and where online communication is routinely monitored and censored.
The yuan, a barometer of Sino-U.S. relations, posted its steepest drop since the United States expelled China from its Houston consulate a little over two weeks ago. [CNY/]Trump issued the orders under the International Emergency Economic Powers Act, a law that grants the administration sweeping power to bar U.S. firms or citizens from trading or conducting financial transactions with sanctioned parties.
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Trump issues bans on China's TikTok, WeChat, stoking tension with BeijingU.S. President Donald Trump on Thursday unveiled sweeping bans on U.S. transactions with China's ByteDance, owner of video-sharing app TikTok, and Tencent , operator of messenger app WeChat, in a major escalation of tensions with Beijing.
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Trump Issues Executive Orders Against Chinese Owners Of TikTok And WeChatThe orders will take effect on September 20, but will likely be challenged in court.
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Trump bans dealings with Chinese owners of TikTok, WeChatNEW YORK (AP) — President Donald Trump on Thursday ordered an unspecified ban on “transactions” with the Chinese owners of the consumer apps TikTok and WeChat. The twin executive orders —...
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Trump issues executive orders against TikTok and WeChatPresident Trump issued an executive order late Thursday prohibiting transactions with the parent company of the popular video-sharing app TikTok
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Trump issues executive orders banning U.S. transactions with WeChat and TikTok in 45 daysThe ban will start in 45 days.
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Donald Trump Issues Executive Orders Against WeChat and TikTokU.S. President Donald Trump has issued two executive orders banning transactions with two leading Chinese apps; controversial video sharing app TikTok; and WeChat, one of the world’s most popular s…
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