Donald Trump signed a “spectacular” deal on Saturday in which Oracle and Walmart could become US technology partners for Tiktok, which the president is seeking to ban on security concerns.
“I think it’s going to be a fantastic deal,” Trump said. “I have given my blessing to the deal. It is great if they complete it, if they are not well.”
The United States on Friday ordered a ban on the download of the wildly popular Chinese-owned video app, sparking a fight with Beijing over the technology.
TikTok users can maintain access to the service through November 12, a deadline that potentially allows for an alliance between TikTok – owned by China’s Bytdans – and an American company that data for Apple. Protects Washington from security concerns.
With Trump facing a tough reunion campaign, US officials have described through the platforms as necessary measures to protect against potential Chinese espionage.
But China’s Ministry of Commerce in response condemned it on Saturday, saying it called the US “bullying”, that it violates international trade norms and that there was no evidence of any security threat, a mechanism soon Before launching which would allow it to approve foreign companies.
Critics of Trump have stated that while Tiktok’s security risks were not clear, the widespread ban creates concerns about the government’s ability to regulate free expression.
The ban speeds Beijing’s battle with technology, which some analysts say is based more on competitors than on security concerns.
(This story has not been edited by NDTV employees and is auto-generated from a syndicated feed.)