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Trump touts his plan to save TikTok during his victory rally
Trump claims there’s ‘no risk’ to the US.
At a victory rally the day before being sworn into the presidency, Donald Trump extolled his plan to “save TikTok” from the law that banned it through a joint venture with the US. On its face, the plan does not appear to comply with the law’s requirements for a qualified divestiture that TikTok’s service providers like Apple, Google, and Oracle could rely on to avoid hundreds of billions in potential fines. And though the stated purpose of forcing TikTok to divest from its parent company ByteDance (a move Trump himself first tried to do in his first term) was to remove a possible backdoor for the Chinese government to US data, he now says that “frankly, we have no choice, we have to save it — a lot of jobs.
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