Trump bans TikTok transactions in a callback to UIGEA

U.S. President Donald Trump has followed through on his threat to try and push TikTok out of the country. By Executive Order, the President has banned all transactions with ByteDance, the company that runs the app.

INBOX: @realDonaldTrump has signed an executive order to ban TikTok in 45 days. pic.twitter.com/1zR4HgCPVj

— Andrew Feinberg (@AndrewFeinberg) August 7, 2020https://platform.twitter.com/widgets.js

Although many outlets (and the tweet above) are reporting this as a total ban of TikTok, that’s not actually the case. Effective September 20, U.S. authorities will prosecute those who make transactions with ByteDance, but the app itself will still be perfectly legal to use within the U.S.