President Donald Trump signed an executive order Thursday evening that will prevent American companies from engaging in commerce with Bytedance, the Chinese parent-company of the video-sharing app TikTok, beginning in 45 days.
The executive order comes less than a week after Trump suggested he would soon take action against TikTok, which has been the subject of cyber-security concerns, and effectively sets a deadline for an American company to buy the video-sharing app, reports The Wall Street Journal.
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