Yesterday, President Biden signed an Executive Order (“E.O.”) that formally revokes and replaces three earlier E.O.s that aimed to restrict transactions with TikTok, WeChat, and other communications and Fintech applications and provides a new framework to address security concerns related to the information and communications technology and services (“ICTS”) supply chain. The new E.O. was
TikTok
U.S. Government Bans TikTok and WeChat Downloads Beginning Sunday
By Kelley Drye on
Posted in China, Trade Policy
Post Update:
Over the weekend, the WeChat and TikTok bans were temporarily suspended. On Saturday, the Commerce Department delayed implementation of the TikTok ban until September 28, 2020 after it was announced that Oracle would acquire TikTok’s U.S. operations. On Sunday, a federal court separately issued a preliminary injunction against the implementation of the WeChat…