In an unexpected move, US President-elect Donald Trump announced his intention to issue an executive order next Monday to extend the deadline before the TikTok ban is implemented, noting that this measure "gives an opportunity to reach an agreement that guarantees the protection of national security." He added that companies that contribute to the continuation of the application before the ban is issued will not bear any legal liability.
In a post on TruthSocial, Trump said: “Americans deserve the opportunity to witness the exciting events that will take place on Monday, including the announcement of this deal.”
Trump suggested that the ideal solution would be to create a joint venture that would guarantee 50% US ownership. “With this deal, we protect TikTok and ensure that it is run in a safe manner, while preserving freedom of expression,” he said. “With our agreement, the value of TikTok will increase dramatically, into the hundreds of billions, if not trillions.”
At the end of his remarks, Trump stressed his vision of creating a joint entity between TikTok's current or new owners, so that the United States would have half ownership of this new project, ensuring the continuity of the application within a framework that protects national interests.