By Scott Flicker, Behnam Dayanim, Haiyan Tang, Quinn Dang, Derek Turnbull & Talya Hutchison on Aug 10, 2020
Posted in Economic Sanctions, China
On Thursday, August 6, 2020, the Trump Administration took long-rumored action against the popular social media apps, TikTok and WeChat, in the forms of two executive orders. The orders largely prohibit persons or property subject to U.S. jurisdiction from transactions with the China-based owners of the apps, escalating tensions between U.S. and China and causing wide speculation on their scope and impacts. Because these two executive orders have many provisions requiring interpretation and guidance, we seek to answer nine frequently asked questions about this latest executive action by the Trump Administration.