President Trump has signed a new executive order banning transactions with the companies behind eight Chinese apps. Transactions will be prohibited in 45 days. Reuters was the first to report the news.
Alipay, camscanner, QQ wallet, SHAREit, and WeChat pay all have apps. The full list of apps includes: camscanner, camscanner and QQ wallet.
‘the pace and pervasiveness of the spread in the U.S…. continue to threaten the national security, foreign policy, and economy of the United States’.
Us commerce secretary confirmed that the Commerce Department will’begin implementing the E.O.’S directives, including identifying prohibited transactions’.
Tiktok’s parent company and WeChat already tried to ban transactions. A judge blocked the WeChat ban in September and again in October.
The US is successful in banning these apps. It could be a pretty big deal for Chinese American families who use these apps to communicate online.