"Only a little over two months left before 'sell or ban'! Trump team: will fulfill promise to resolve TikTok issue"

On the day before President-elect Trump officially took office (January 19th), the deadline set by the US Congress for the TikTok "sell or ban" divestiture bill is approaching, which will be a crucial moment for TikTok's survival in the US. Given that Trump had repeatedly expressed opposition to banning TikTok during this year's election campaign and made a series of related promises, many American TikTok users and fans are now hoping that Trump can find a way to resolve its issues in the next two months. In response to this, the latest statement from the Trump team indicates that Trump will "fulfill" these promises. However, the specific details of how to "save" TikTok are currently unclear. Karoline Leavitt, the spokesperson for Trump's transition team, stated in a declaration, "The American people have overwhelmingly re-elected Trump as president and given him the power to fulfill his campaign promises, which he will honor." With 170 million users in the US, TikTok has been facing the risk of being banned in the country since President Biden signed a new law in April of this year. According to the law, which includes a $95 billion foreign aid bill signed by Biden, TikTok's parent company ByteDance must divest its American business within 270 days and limit its ownership to 20%, or face a nationwide ban in the US. Additionally, if progress is made in the sale, Biden has the authority to grant a 90-day extension. It is worth noting that the deadline for divesting TikTok was clearly calculated initially - according to the law, the final deadline for divesting and selling TikTok's business is January 19, 2025, the day before the inauguration of the new president (Trump) on January 20. Before the Trump team made the above comments, TikTok had become one of the "key battlegrounds" for Trump to promote his stance and attract young American voters during the election campaign this year. Since his first video was posted on the short video platform, Trump has gained popularity on TikTok and currently has 14.4 million followers. Several members of Trump's family, including Ivanka Trump, Donald Trump Jr., and his granddaughter Kai Trump, have also joined the app. However, Trump's spokesperson did not address whether Trump would allow ByteDance to continue owning TikTok. In May of this year, TikTok and its parent company ByteDance filed a lawsuit against the US government, alleging that the "sell or ban" law signed by President Biden violated the Constitution and requesting the court to overturn the law. The lawsuit claimed that the so-called "Protect America from Foreign Adversaries Exploiting Application Act" was an unprecedented violation of the First Amendment rights of the US... Can Trump successfully save TikTok? From a procedural perspective, the TikTok divestiture bill as a law passed by Congress and signed by the president requires a series of complex procedures for a new president to overturn, and it is very difficult to execute. The law was originally passed with broad bipartisan support, and many experts believe that federal courts in Washington may also stand with the current US government. It is reported that Trump first showed support for TikTok in March of this year, when he met billionaire investor Jeff Yass. Yass is a major GOP donor and his company, Hana International Group, holds a significant share (about 15%) of ByteDance. However, Trump stated at that time that they did not discuss TikTok. Yass is also one of the biggest supporters of the anti-tax lobbying organization "The Club for Growth," which hired Trump's former senior advisor Kellyanne Conway to lobby for TikTok in Washington. According to four TikTok former employees who declined to be named, despite having thousands of employees in the US, few within TikTok believed that the company could be banned in the US soon. However, many experts and former employees are still unsure whether the Trump administration... At the regular press conference of the Chinese Ministry of Foreign Affairs on the 24th, spokesperson Wang Wenbin responded to related questions, saying that he and his colleagues, as well as the spokesperson of the Chinese Ministry of Commerce, had previously made clear China's principled position on the US Congress passing the TikTok-related legislation.Wang Wenbin responded to the relevant questions on March 14, saying that the bill has put the United States on the opposite side of fair competition principles and international economic and trade rules. Wang Wenbin pointed out that if the so-called "national security" reasons can be used to arbitrarily suppress excellent enterprises from other countries, then there is no fairness or justice. Seeing good things from others and trying to take them by any means is completely a logic of robbery. This article is reprinted from "Caixin", GMTEight editor: Li Fu.