Update (8/6/20) - White House officials have confirmed to the LA Times that the executive order regarding Tencent and WeChat only blocks transactions related to WeChat. Original story follows. [poilib element="accentDivider"] United States President Donald Trump has signed an executive order that looks to ban both TikTok and WeChat from operating in the USA if they are not sold by their Chinese-owned parent companies, ByteDance and Tencent, respectively. As reported by CNN, the order for TikTok's parent company states that after 45 days, "any transaction by any person, or with respect to any property, subject to the jurisdiction of the United States, with ByteDance Ltd." will be prohibited. The order for WeChat's parent company states that after 45 days, "any transaction that is related to WeChat by any person, or with respect to any property, subject to the jurisdiction of the United States, with Tencent Holdings Ltd.