- The United States justice will decide on Sunday whether or not to go ahead with President Donald Trump’s plans to ban the Chinese application TikTok
- Just that day at midnight the moratorium of the Commerce Department expires so that the owner of TikTok agrees with Oracle and Walmart conditions that satisfy the White House
- If no solution is found, TikTok would be banned in the US.
The justice of the United States will decide on Sunday whether or not to go ahead with President Donald Trump’s plans to ban the Chinese application TikTok in the event that its business in that country does not pass into American hands.
Sunday is the same day that, at midnight, the last moratorium decreed by the Commerce Department expires so that the owner of TikTok, ByteDance, agrees with its US partners Oracle and Walmart on conditions that meet the requirements of the White House.
If the negotiations run aground or the final agreement does not satisfy Trump’s demands and the justice has previously authorized it, TikTok would be banned in the US and users would not be able to download the application from the popular Apple and Google virtual stores.
US justice to decide on Sunday whether to allow Trump to ban TikTok
Judge Carl Nichols of the Washington DC district court set a hearing for 9:30 on Sunday local time (13:30 GMT) in which he will hear both the Government’s arguments in favor of his right to block the application and those of TikTok against of this possibility, and it is expected that a few hours later it will issue its verdict.
The Trump Administration had until this Friday to postpone the entry into force of a hypothetical ban (that is, grant TikTok a new moratorium) or present documentation to Nichols that justifies that extreme.
Although the documents presented by the Commerce Department before the magistrate are secret and their content has not been disclosed, the fact that Nichols has called a hearing for Sunday implies that the Government has decided not to grant TikTok the new moratorium.
The situation for TikTok in the US has become notably complicated in recent days compared to two weeks ago, when the announcement that ByteDance was partnering with Oracle and Walmart to manage the application in the US seemed to indicate that the matter was close to being resolved.
The problem stems from an executive order issued by Trump on August 14 that required TikTok to sell its business in the US or else, it would proceed to ban it, considering that Chinese property poses a threat to national security.
Although the White House approved the “preliminary” agreement between companies, in recent days, the two parties – the United States and China – have offered contradictory versions about whether ByteDance would continue to form a main part of the shareholding of the new company that is created to manage the TikTok business in the US
According to the version of Oracle and Walmart -which will control 20% of the future firm-, most of the new company will be US-owned, but according to ByteDance, they will control the remaining 80% until its IPO takes place with an initial public offering in about a year.
The version of the agreement offered by ByteDance, therefore, would not satisfy the conditions of Trump’s executive order, which on Monday insisted that he wants “total control” from the US over TikTok in the country, so the threat prohibition is still in effect.
President Threatens to Knock Down TikTok Deal If US Does Not Have “Full Control”
New obstacle arises. Now President Donald Trump has threatened to topple the deal between Walmart, Oracle and ByteDance if the United States does not receive full control of TikTok.
The news agency Efe reported that Trump threatened on Monday not to approve the agreement reached between Oracle and Walmart with the Chinese ByteDance on TikTok if US companies do not have “total control” over the resulting partnership.
Asked in an interview on Fox News about the confusion in the last hours regarding the presence of ByteDance in the new company that will be created to manage TikTok’s business in the United States, TikTok Global, Trump said that he expects the Chinese firm to disregard completely.
“(ByteDance) will not have any link (with the new company), and if they do, we will not approve the agreement,” said Trump, who also noted that if Oracle and Walmart “do not have full control” over TikTok Global, they will not give their consent.
Efe recalled that the United States government announced on Saturday that it was delaying the application of measures against TikTok for a week, which was scheduled to come into effect on September 20, after Trump gave his “blessing” to the preliminary agreement with Oracle and Walmart so that it can operate in the country.
“I have given my blessing to the agreement, if they achieve it it would be great and, if not, it would also be good, but it is a great agreement for the United States,” said Trump, who shortly after added that he approved the agreement “in concept”, but that negotiations were still continuing, Efe reported.
However, since then, the Chinese and US parties to the deal have given different versions of how TikTok Global will be structured.
The aforementioned news agency explained that according to the version of Oracle and Walmart -which will control 20% of the future firm-, most of the new company will be US-owned.
However, according to ByteDance, they will control the remaining 80% until it goes public with an IPO in about a year.
The version of the agreement offered by ByteDance, therefore, does not satisfy the conditions of the executive order issued by Trump on August 14, which forced the operation by requiring the Chinese company to sell its business in the United States or stop operating in the country. .
Filed As: US Justice Will Decide Sunday Whether To Allow Trump To Ban TikTok
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