Addressing the Threat Posed by TikTok, and Taking Additional Steps To Address the National Emergency With Respect to the Information and Communications Technology and Services Supply Chain
Prohibits Transactions With TikTok Owner ByteDance by U.S. Parties
What it does
Agencies must block transactions with ByteDance and its subsidiaries, and the Secretary of Commerce must identify covered transactions within 45 days.
Real-world impact
- Blocks transactions with ByteDance and its subsidiaries starting 45 days after the order.
- Prohibits evasion or conspiracies aimed at avoiding the transaction ban.
- Requires agencies to issue rules and take measures to enforce the ban.
Topics
Summary
This order bans transactions between anyone subject to U.S. jurisdiction and ByteDance, the company that owns TikTok, citing large data collection and risks to national security, foreign policy, and the economy.
The ban takes effect 45 days after the order, and the Secretary of Commerce must identify which transactions are covered. The order also prohibits efforts to evade the ban, allows agencies to issue rules to enforce it, and directs government departments to take appropriate measures.
Questions, answered
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