0% Commission

Stock Trading

16M+

Active Traders

2500+

Financial Assets

Regulated Platform Multi-Asset

Start Trading

Trump’s Proposal to Save TikTok

President-elect Donald Trump announced plans to delay the enforcement of a TikTok ban in the U.S., signaling a path forward that hinges on a significant change in ownership. Trump proposed that the United States government acquire a 50% stake in TikTok through a joint venture with its current or new owners. This bold move, he argued, would preserve the platform while ensuring national security.

“I’m asking companies not to let TikTok stay dark!” Trump declared on Truth Social. He assured the public that an executive order would temporarily extend the deadline for the ban, allowing time to negotiate a deal that protects American interests. His plan is aimed at preventing service providers like Apple and Google from permanently removing TikTok from their platforms, which would cut millions of U.S. users off from the app overnight.

The president-elect underscored TikTok’s immense economic value under U.S. ownership. “With our approval, it is worth hundreds of billions—maybe trillions,” he stated, positioning his plan as both a financial and strategic win for the nation.

0% Commission

Stock Trading

16M+

Active Traders

2500+

Financial Assets

Regulated Platform Multi-Asset

Start Trading

Motivations Behind the Move

Trump’s initiative is driven by multiple factors, including his upcoming inauguration. The president-elect emphasized that Americans deserve to participate in events like his swearing-in ceremony, with TikTok playing a key role in fostering public engagement. Beyond its utility as a platform for communication, Trump sees TikTok as an opportunity to reshape the narrative surrounding foreign-owned technology companies operating in the U.S.

The proposal reflects a broader effort to align TikTok’s ownership with national security priorities. By removing Chinese control through a joint venture with U.S. stakeholders, Trump aims to address long-standing concerns about data privacy and potential espionage. He described this approach as a win-win: safeguarding American interests while preserving TikTok’s value and user base.

Congressional Pushback

Despite Trump’s ambitions, his proposal has met resistance from Republican lawmakers who question the legality and feasibility of delaying the ban. House Speaker Mike Johnson expressed skepticism during an appearance on NBC’s Meet the Press, stating:

“We will enforce the law... The only way to extend that is if there’s an actual deal in the works.”

Similarly, Senators Tom Cotton (R-AR) and Pete Ricketts (R-NE) have insisted that any extension must comply with the legal requirement for divestiture. They argue that a complete severance of ByteDance’s control is the only acceptable solution to national security concerns. This position highlights the deep divisions within the Republican Party over how to handle the TikTok issue.

Legal and Constitutional Challenges

The proposal for U.S. government ownership of TikTok raises complex legal and constitutional questions. Critics warn that such an arrangement could blur the lines between public interest and government overreach, particularly with regard to First Amendment protections. Owning a social media platform could place the U.S. government in a precarious position, potentially inviting accusations of censorship or undue influence over online discourse.

Lawmakers defending the ban have pointed to TikTok’s role in spreading harmful content as justification for their concerns. They cite examples of messages glorifying violence, promoting antisemitism, and encouraging destructive behaviors such as suicide and eating disorders. House Speaker Johnson reinforced this argument, stating, “The Chinese Communist Party is not our friend, and we have to make sure this changes hands.”

Trusted Brokers

Etoro

Social trading, CopyTrading, ideal for beginners.

Read Full Review

FxPro

Forex and CFD trading with advanced tools.

Read Full Review

Exness

Low spreads, instant withdrawals, easy to use.

Read Full Review

The Road Ahead

As the debate over TikTok’s future intensifies, the app’s status in the U.S. remains precarious. Trump’s plan, while ambitious, faces significant hurdles. Legal and political obstacles could stall progress, particularly if a divestiture deal fails to materialize within the extended timeline. Meanwhile, service providers like Apple and Google remain cautious, wary of potential fines or legal repercussions should the ban’s enforcement resume without resolution.

The stakes are high. TikTok’s vast user base and cultural impact make it a valuable asset, but its ties to ByteDance and China have made it a focal point in the broader geopolitical struggle between the two nations. Trump’s proposal offers a path forward, but whether it can navigate the legal and political minefield remains to be seen. For now, the fate of TikTok hangs in the balance, leaving millions of American users uncertain about the app’s future.