TikTok, the popular short form video-sharing app owned by Beijing-based ByteDance, is in the middle of negotiating a deal with the Treasury Department to sell majority-control ownership of the app to U.S. That means Apple’s App Store and Google Play, for example, will be barred from offering downloads of the apps or updates to users in the U.S. 6, 2020, banning business transactions with TikTok and WeChat as of Sept. The new rules, issued Friday by the Commerce Department, is pursuant to President Trump’s executive orders signed Aug. government will prohibit app stores from offering new downloads of TikTok and WeChat, two popular Chinese-owned apps, effective Sunday over the Trump administration’s claims that it wants to prevent the Chinese government from accessing data on Americans.
