Trump bans US transactions with WeChat and TikTok
US President Donald Trump issued executive orders to ban US transactions with Chinese companies Tencent and Bytedance, parent companies of WeChat, and TikTok respectively. The ban will take effect in 45 days and may attract retaliation from Beijing. While the scope of the ban remains unclear, the executive orders said that after 45 days, Secretary of Commerce Wilbur Ross “shall identify the transactions” that will be subjected to the prohibition
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