TikTok to be banned unless it sells US operations by September 15, says Trump

Trump set off a furious scramble over the fate of the Chinese-owned app on Friday, when he said he would ban the company’s operations through an executive action on Saturday.

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President Donald Trump said TikTok will have to close its U.S. operations by Sept. 15 unless there’s a deal to sell the social media network’s American operations.

He said that he’s okay with the idea of Microsoft Corp. buying TikTok — as the company has said it’s negotiating to do — and that there would have to be a substantial payment to the U.S. as part of the deal.

Trump set off a furious scramble over the fate of the Chinese-owned app on Friday, when he said he would ban the company’s operations through an executive action on Saturday. But the weekend passed without any official move from the White House, after the president spoke with Microsoft Chief Executive Officer Satya Nadella about his company’s efforts to purchase the viral video application.

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