mentioned The Washington Post reported that discussions late last week over a Tik Tok ban in the Oval Office turned into a quarrel between Trump’s advisers in front of the president and several of his aides, but the Treasury secretary won in the end and convinced the president that Microsoft should buy the Chinese app.
Trade advisor Peter Navarro accused Treasury Secretary Steven Mnuchin of being lenient with China, as Navarro pressed for a total ban on the Chinese-owned video-sharing app, while Mnuchin was discussing selling Tik Tok to an American company.
Navarro told the newspaper in a statement: One of the great strengths of the Trump administration is the president’s reliance on strong and often conflicting opinions, to reach decisions that are always in the interest of the American people.
When asked about the quarrel, he said: What happens in the Oval Office must remain in the Oval Office, so I have no comment on the harmful leak that is full of exaggeration and wrong information.
President Trump signed an executive order banning all dealings with ByteDance beginning September 20, andHe said TikTok app: The executive order does not abide by the law and it was issued without any due process of law.
Andmentioned Reports that the app is preparing to file a lawsuit challenging the executive order early Tuesday.
It is not clear how Trump’s executive order will affect the potential sale of TikTok to Microsoft.
The software giant said at Post: Its CEO spoke with President Trump and was ready to continue discussions to explore the purchase of Tik Tok in the United States.
This was the first time that the company confirmed reports that it was in talks to acquire TikTok.
Microsoft said in the post: We appreciate the importance of addressing the president’s concerns, and we are committed to obtaining a TikTok that is subject to a full security review while providing appropriate economic benefits to the United States, including the US Treasury Department.
The company added that it expects to move quickly to pursue discussions with its parent company ByteDance within weeks, with these discussions being completed no later than September 15, 2020.
The US administration has threatened to block the video-sharing app for several weeks, and Secretary of State (Mike Pompeo) said in July that the ban is something we are looking forward to, but Vanessa Pappas, TikTok’s general manager in the United States, said via Video August 1st: We are not planning to go anywhere and the company will stay here for the long term.
The executive order confirms the president that apps developed by China, such as TikTok, threaten the national security, foreign policy and economy of the United States.
He cites the International Emergency Economic Powers Act, along with the National Emergency Law, as giving him the power to issue an executive order, a somewhat unusual step for the White House.
And according to To report The New York Times, the CIA’s assessment did not find any evidence that Chinese intelligence agencies used TikTok to access data from American users.