TikTok return draws scrutiny of Trump’s, Beijing’s stance
TikTok restored US services after Donald Trump pledged to delay enforcement of a ban. Yet it’s not clear whether the app’s Chinese parent is able — or willing — to secure a US backer in time to avoid a permanent shutdown.
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Most immediate is the question of whether such an extension would be legal after the ban kicked in Sunday. The President-elect over the weekend declared he will “not let TikTok stay dark,” promising to sign an executive order granting another 90 days for TikTok to find a US backer and defuse national security concerns. He proposed a joint venture under which American owners would purchase 50% of the company.
TikTok restored service after that post. Yet while Trump gained praise from users for the reprieve, he faces long-time skeptics in his own Republican Party about what they see as the app’s ongoing national security threat. Legally, he may need to demonstrate the likelihood of striking an agreement with TikTok-owner ByteDance Ltd. — with few visible signs of progress.
“If full China control over TikTok is a security risk, co-control won’t be better,” said Brock Silvers, managing director at private equity firm Kaiyuan Capital, calling celebrations over the app’s reprieve premature. “It seems likely that, after the coming extension, TikTok will be under majority US control — or it won’t operate in the US.”
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