President Donald Trump plans to sign an order that would prompt Bytedance to sell his property of the US-based video sharing app TikTok, according to Bloomberg. The order, which was announced on Friday afternoon, would hire the Council on Foreign Investment in the United States (CFIUS) to force Bytedance to divest, similar to the trial conducted last year against Grindr’s Chinese investors.
Earlier this month, U.S. Secretary of State Mike Pompeo said Fox news that the Trump administration was “certainly looking” to ban TikTok in the country, and did not explain exactly what it intended to do.
“We take this very seriously. We’re definitely looking at it, ”Pompeo said at the time. “With regard to Chinese apps on people’s mobile phones, the United States will also get them right.”
TikTok did not immediately respond to a request for comment.
Bloomberg reported that the order could already be announced on Friday afternoon. A reporter at Fox Business confirmed the reports, citing Microsoft as a potential buyer. Bytedance was purchased in 2017 Musical.ly, a lip sync app for $ 1 billion and rebranded as TikTok.
Both Congress and the Trump administration have been skeptical of TikTok and its parent company Bytedance for years. Last November, the U.S. Foreign Investment Commission launched a national security appraisal of the app after politicians expressed concern about the company’s privacy practices and alleged relationship with the Chinese Communist Party.
TikTok has repeatedly refused to share user data with the Chinese government.