Trump suggested all electronic products manufactured in China could carry a spying risk, adding that TikTok's was not the most serious of them

Donald Trump signed an executive order delaying the US ban on ByteDance's TikTok for 75 days, starting January 19.

US President Donald Trump on Tuesday said he would be supportive of the world's richest man and his close aide, Elon Musk, buying TikTok "if he wanted to". Trump was asked if he would be open to the billionaire founder of Tesla buying the short-video platform facing a nationwide ban in the US after the Supreme Court last week upheld a law requiring TikTok to sever ties with its Chinese parent ByteDance.

Donald Trump is now being hailed as TikTok's savior after he tried to ban the app during his White House first term.

TikTok, with 170 million US users, faces a potential ban unless its Chinese owner, ByteDance, sells its US operations. President Trump has delayed the ban, considering alternatives like a joint ownership with US investors.

Trump warned he could hit China with 100% tariffs if it intervened and blocked a deal to allow 50% U.S. ownership of TikTok.

The President, who has suggested that the U.S. take on 50 percent ownership of TikTok, hinted that potential tariffs on China will be closely linked to whether such a joint venture is approved. “If China didn’t approve it,

Chinese stocks exposed to the threat of Donald Trump’s tariffs, such as Alibaba ($BABA) and Temu ($PDD), are enjoying a reprieve as the new

President Donald Trump said tariffs on China could depend on whether there’s a deal for TikTok. He signed an executive order allowing the popular video app to continue to run in the U.S. for 75 more days.