TikTok has challenged the Trump Administration’s use of the international emergency powers act to implement the transaction ban.
Per the Trump Administration, the Aug. 6 order was issued to stop “the spread in the United States of mobile applications developed and owned by companies in the People’s Republic of China (China) continues to threaten the national security, foreign policy, and economy of the United States.”
Of course, it remains to be seen whether TikTok’s lawsuit will gain any ground in U.S. courts. There is a possibility a deal will be reached between Microsoft and ByteDance to acquire the U.S. division, effectively making the lawsuit a moot point.
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