https://x.com/nancook/status/1813324031979856079

-- Trump said he would allow Powell to finish his term as Fed Chair if re-elected

-- No more TikTok ban

-- Cool to the idea of the US protecting Taiwan

-- Would love to lower corporate tax rate to 15% -- He'd consider Jamie Dimon as Treasury Secretary

it's already law

Lawsuits are still unresolved, Trump could rescind it through executive order, etc.

You can't rescind a law passed by Congress by an executive order

But there is discretion in whether the executive branch chooses to enforce the "ban", correct? Plus the lawsuit, there's a decent chance the ban doesn't happen.

https://en.wikipedia.org/wiki/Protecting_Americans_from_Foreign_Adversary_Controlled_Applications_Act

It would ban social networking apps within 270 to 360 days if they are determined by the president of the United States and relevant provisions to be a "foreign adversary controlled application". The act explicitly applies to Beijing-based, but Cayman Islands-domiciled ByteDance Ltd. and its subsidiaries—including TikTok—without the need for additional determination. It ceases to be applicable if an app is sold and no longer considered by the president to be controlled by a foreign adversary of the United States.[b]

I believe foreign adversary nations (Iran, NK, Russia, China) are explicitly written into law, and failure to enforce what is very clearly an app controlled by a foreign adversary would probably result in a lawsuit and a federal court forcing him to do so. Of course there is a chance that it gets overturned in Court but I don't think Trump will have much say here, unless he can get Congress to pass a TikTok unban, which I think is incredibly unlikely.

How does this question resolve if they divest? @AmmonLam I think a reasonable interpretation would be ~"TikTok in its current form, i.e. controlled by a foreign adversary, suffered a ban – but it is considered legal and not banned in its current American-controlled form" but I would be happy to see your definite interpretation :)
https://thehill.com/policy/technology/4509678-house-bill-would-force-bytedance-to-divest-tiktok-or-face-ban/

@HenriThunberg If the Tiktok app is running on app store and google store in the US, I consider tiktok not banned