By lawlessly extending the TikTok divestment deadline, Trump has effectively put the fate of TikTok in the hands of risk averse corporate shareholders at major technology companies like Oracle and Apple and Google. That's because The TikTok ban imposes up to $800 billion in fines for companies like Oracle and Apple and Google that help keep TikTok online. and distribute the app through their app stores. Trump's lawless extension puts these companies in a difficult spot. They can comply with the law, take TikTok offline, and face the wrath of Trump in the public. (31:27–31:37)
CLAIM
Asserts that the TikTok ban could result in $800 billion in fines for certain tech companies.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
