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Trump Says He Has ‘A Warm Spot’ For TikTok, Meets CEO

by Tradinghow
December 18, 2024
in Economy, Stock Trading
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Trump Says He Has ‘A Warm Spot’ For TikTok, Meets CEO
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US president-elect Donald Trump met with TikTok CEO Shou Zi Chew at his Mar-a-Lago club on Monday amid a last ditch effort by the app to block a law that will effectively ban it from one of its biggest markets, according to a CNBC report.

Before meeting Chew, Trump told reporters, “we’ll take a look at TikTok,” when he was asked about the potential ban.

“You know, I have a warm spot in my heart for TikTok,” he said, according to the CNBC report.

The short video app is believed to have played an important role in Trump’s victory, boosting his performance among young voters. On his campaign trail, Trump had vowed he would not allow TikTok to be banned in the US.

On Monday, TikTok’s lawyers asked the US Supreme Court to block a law requiring the app to divest from its Chinese parent ByteDance or face a ban in the country.

“The Act will shutter one of America’s most popular speech platforms the day before a presidential inauguration,” they said in a filing.

 

Read the full report: CNBC

 

 

Also read:

Donald Trump Likely to Try to Block US TikTok Ban – WaPo

U MP: TikTok CEO ‘Must Explain Role in Romanian Poll’ – Politico

Canada Orders TikTok to Shut Offices in the Country – Reuters

If Legal Fight Fails, ByteDance ‘Would Prefer to Shut TikTok in US’

TikTok Ban Would Help ‘Enemy of the People’ Facebook: Trump

Forced Sale of TikTok is About Security, Not Free Speech, US Says

‘China Won’t Allow It’: TikTok Compares Divestiture to Chip Ban

Trump Says He Will ‘Never Ban TikTok’ if Elected – NYPost

TikTok Hit by US Legal Barrage For ‘Harmful’ Impacts on Kids

Nearly Half of Gen Z Wish TikTok Was Never Invented: US Poll

 

 

Vishakha Saxena

Vishakha Saxena is the Multimedia and Social Media Editor at Asia Financial. She has worked as a digital journalist since 2013, and is an experienced writer and multimedia producer. As a trader and investor, she is keenly interested in new economy, emerging markets and the intersections of finance and society. You can write to her at [email protected]





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