TikTok app displayed on an iPhone. Photo: Diego M. Radzinschi/ALM White House Uses IEEPA to Issue Strongest Anti-Dancing Orders Since 'Footloose'
The president's decision to pass these executive orders could have a serious impact economically as well as socially, write Ryan McConnell, Matthew Boyden and Eve Pferdehirt of R. McConnell Group.
August 12, 2020 at 01:11 PM
6 minute read
Over the weekend, in what may go down in history as the strongest anti-dancing effort since "Footloose," President Donald Trump signed two executive orders barring U.S. transactions not only with TikTok, but also the global tech-giant WeChat. The TikTok order prohibits "any transaction by any person, or with respect to any property, subject to the jurisdiction of the United States, with ByteDance Ltd. (a.k.a. Zìjié Tiàodòng), Beijing, China, or its subsidiaries, in which any such company has any interest, as identified by the Secretary of Commerce." Similarly, the WeChat order prohibits any "transaction" by any person, or with respect to any property, subject to the jurisdiction of the United States with Tencent Holdings Ltd. (a.k.a. Téngxùn Kònggǔ Yǒuxiàn Gōngsī), Shenzhen, China, or any subsidiary of that entity, as identified by the secretary of commerce. In 45 days, Wilbur Ross (who, in a certain light, bears an uncanny resemblance to John Lithgow) will tell us what constitutes a "transaction."
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