Donald Trump, President of United States has raised fear over the fast-growing social media app TikTok that it could be a tool for Chinese intelligence and might be considering barring the app in United States.
Trump speaking said while being questioned that as far as TikTok is concerned, the government is banning it from the United States.
He added that he would take action as soon as Saturday using emergency economic power or an executive order.
Trump’s move comes following a review by the Committee on Foreign Investment (CFIUS) in the United States, which investigates deals affecting US national security.
US officials and lawmakers in recent weeks have voiced fears of the wildly popular video platform being used by Beijing for nefarious purposes, but the company has denied any links to the Chinese government.
However, TikTok declined to comment on the reports of the forced sales, saying only: “We are confident in the long-term success of TikTok.