President Donald Trump signed an government order Monday delaying the U.S.’s ban on TikTok by 75 days, giving the Chinese language-owned social media app time to discover a U.S. purchaser.

«I’m instructing the Lawyer Common to not take any motion to implement the Act for a interval of 75 days from right this moment to permit my Administration a possibility to find out the suitable course ahead in an orderly approach that protects nationwide safety whereas avoiding an abrupt shutdown of a communications platform utilized by hundreds of thousands of People,» Trump’s order mentioned. 

The grace interval caps just a few unstable days for the app, which has 170 million U.S. customers. It briefly went «dark» over the weekend after the Supreme Court docket upheld a legislation Friday requiring its Chinese language father or mother ByteDance promote the app or shut it down on nationwide safety grounds. Companies have been restored hours later, nevertheless, when Trump, on the eve of his inauguration, announced his plan for the chief order.

«I believe the U.S. must be entitled to get half of TikTok,» Trump mentioned whereas signing the chief order Monday.

China Reportedly Has Mulled TikTok Sale to Musk

Although Chinese language officers want that TikTok keep beneath ByteDance’s management, additionally they have mentioned choices together with permitting a «trusted non-Chinese language occasion» reminiscent of Elon Musk to purchase the app’s U.S. operations, based on studies final week.

TikTok and the Chinese language embassy in Washington did not instantly reply to Investopedia requests for remark.

TikTok CEO Shou Zi Chew attended Trump’s inauguration and was seated subsequent to Tulsi Gabbard, who’s nominated to function director of nationwide intelligence, The Wall Road Journal reported.