Donald Trump: “I will issue an executive decree Monday to get the TikTok back”

He plans to issue an executive decree that will give her China-based parent company more time to find an approved buyer before the popular video exchange platform is subject to permanent ban in the US, as he said. U.S. elected president Donald Trump announced the decision in a post on Truth Social’s account Sunday (19.01.2025), as millions of platform users in America, woke up to discover that they no longer had access to TikTok. CORVERSE Google and Apple in the US removed the application from their digital stores to comply with a federal law that obliged them to do so if TikTok’s parent company, ByteDance, did not sell its activity to the US to an approved buyer until Sunday. “I ask companies not to let TikTok stay in the dark! I will issue an executive decree Monday to extend the period before the bans on the law enter into force so that we can make an agreement to protect our national security. The order will also confirm that there will be no responsibility for any company that helped not darken TikTok before my order. Americans deserve to see our exciting opening Monday, as well as other events and talks. CORVERSE I would like the United States to have a 50% ownership position in a consortium. By doing this, we store TikTok, keep it in good hands and let him say it. Without US approval, there is no Tik Tok. With our approval, it is worth hundreds of billions of dollars – maybe trillions. Therefore, my initial thinking is a consortium between the current owners and/or new owners with which the US acquires 50% ownership in a consortium formed between the US and any purchase we choose from,’ he said. I’m asking companies not to let TikTok stay dark! I will issue an executive order on Monday to extend the period of time before the law’s promises take effect, so that we can make a deal to protect our national security. The order will also confirm that there will be no… — Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) The law gives the acting president the power to grant a 90-day extension if a sustainable sale is under way. Although investors made some offers, ByteDance had previously stated that it would not sell. In his post Sunday, Trump suggested that the US become a partner in a deal.