World Trump Supports Agreement Between TikTok and Oracle and Suspends...

Trump Supports Agreement Between TikTok and Oracle and Suspends Download Ban | Economy

A mobile with the TikTok logo on a picture of Donald Trump in a newspaper.NurPhoto / NurPhoto via Getty Images

United States President Donald Trump, has affirmed this Saturday that he has given “his blessing” to agreement why the Chinese social network TikTok will associate with the US companies Oracle and Walmart to operate in the North American country, although it has indicated that the negotiations have not been closed. “I have given my blessing to the agreement, if they achieve it, it would be great and if not, it would also be good, but it is a great agreement for the United States,” said the president.

Donald Trump highlighted this Saturday that Oracle and Walmart would partner with TikTok, “the security would be 100%, they will be using separate clouds and very powerful security and they will be making a contribution of 5,000 million dollars (4,200 million euros) in education ”. “We will see if it happens or not, but conceptually I think it is a great agreement for the United States,” said the president, who noted that if a pact is reached, 25,000 jobs will be created, most of them in Texas and that it will be a new company , although it will keep the TikTok name.

On Friday, the Commerce Department had announced that it would block downloads of TikTok and the WeChat messaging network (the Chinese WhatsApp) on US app purchase sites starting Sunday, September 20, and that the country’s authorities would veto their Full use in the US as of November 12, for national security reasons. According to the US Government, TikTok and WeChat “collect vast amounts of data from users, including activity on the networks, their location and their search and browsing history.”

These companies, according to the Commerce Department, are active participants in China’s combination of civil and military activities and are subject to mandatory cooperation with the Chinese Communist Party intelligence services. Beijing said Friday that it will act against foreign companies and individuals who “endanger” its sovereignty and security, and issued new rules related to its list of “untrustworthy entities”, announced more than 15 months ago and yet to be published. , by which it could sanction US firms and individuals in response to the measures of the Trump Administration.

On several occasions, the US president has assured that TikTok, one of the social networks that has grown the most in recent years, poses a “threat” to national security and seeks to force its sale to a US company. China’s Foreign Affairs opposes the forced sale of TikTok, an operation that in its opinion violates the principles of the World Trade Organization (WTO). The government of the Asian country sees the intention to sell TikTok as another chapter in the trade war between Beijing and Washington, which tries to contain the growing Chinese technological power, which has already seen how the telecommunications firm Huawei has had to face restrictions, as well as the popular social network WeChat, owned by digital conglomerate Tencent.


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