4.8 • 1000 Ratings
🗓️ 3 August 2020
⏱️ 23 minutes
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0:00.0 | Sup ya beautiful bastards. Hope you have it a fantastic Monday. |
0:03.5 | Welcome back to the Philip DeFranco Show. Buckle up. |
0:06.0 | Hit that like button and let's just jump into it. |
0:08.5 | And the first thing we're gonna talk about today is TikTok. |
0:11.0 | By now you've probably seen that it was reported over the weekend |
0:13.0 | that Donald Trump told reporters as far as TikTok is concerned. |
0:16.0 | We're banning them from the United States. |
0:18.0 | And so the first thing I want to touch on here is what could actually happen, because there are three main options that we've seen passed around |
0:23.1 | right now. The first possibility would be for Trump to direct the Commerce Department to put |
0:26.1 | TikTok on what is called the entity list, which would basically block U.S. companies from having |
0:30.3 | any commercial ties with TikTok. Another possibility would be to use a law called the International |
0:34.3 | Emergency Economic Powers Act, which allows a president to essentially ban |
0:37.6 | any foreign communications products |
0:39.0 | that are seen as a threat to US national security. |
0:41.1 | That option could have a very extreme outcome, |
0:43.5 | according to Stuart Baker, a former |
0:45.1 | National Security Agency General Counsel, |
0:46.7 | if Donald Trump were to use the full force of that order, |
0:49.0 | no American could work for them, the app store couldn't make them available, |
0:52.1 | American advertisers couldn't pay them for ads, it would be economically devastating for them, the app store couldn't make them available, American advertisers couldn't pay them for ads. It would be economically devastating for them. And then the third major option that we've seen being talked about is that Donald Trump could basically force TikTok's owner bite dance to sell the app or divest from its US operations. |
1:04.0 | Right and that would be done through the committee on foreign investment in the United States or CFI US, which recommends to the president if acquisition should be rejected or reversed on national security grounds. |
1:12.6 | And while there are a lot of different technicalities here that we will not be diving into, all you really need to know for this story is that last year, CFIUS, which is chaired by Treasury Secretary Steve Mnuchin, launched an investigation into bite dance. |
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