WASHINGTON—President Trump issued an order late Friday calling on TikTok’s Chinese owner to divest itself of the video-sharing app’s U.S. operations, setting a 90-day deadline for the transaction to be completed. In his order, Mr. Trump said that Beijing-based ByteDance Ltd. “might take action that threatens to impair the national security of the United States” and ordered it to sell off any assets that it uses to support ByteDance’s operation of TikTok within the country’s borders.

Source: Wall Street Journal August 15, 2020 02:15 UTC