President Trump issued an executive order on Thursday that prohibits any U.S. citizen or company from conducting business with Chinese-owned TikTok beginning in 45 days.

Trump signed it after saying on Monday that he would give Microsoft a month and a half to look into buying TikTok’s U.S. operations.

The executive order said “any transaction by any person, or with respect to any property, subject to the jurisdiction of the United States” would be prohibited “with ByteDance … or its subsidiaries" within 45 days. TikTok is owned by Chinese internet technology company ByteDance, which is based in Beijing.

“Any transaction by a United States person or within the United States that evades or avoids, has the purpose of evading or avoiding, causes a violation of, or attempts to violate the prohibition set forth in this order” as well as “any conspiracy formed to violate any of the prohibitions set forth in this order” will also be prohibited," the order said.

Trump justified his actions by saying “additional steps must be taken to deal with the national emergency” declared under a 2019 executive order on securing information and communications in the U.S.

"Specifically, the spread in the United States of mobile applications developed and owned by companies in the People's Republic of China continues to threaten the national security, foreign policy, and economy of the United States," Trump said, adding that “at this time, action must be taken to address the threat posed by one mobile application in particular, TikTok.”

He empowered the commerce secretary to enact and enforce the executive order under the International Emergency Economic Powers Act. Read more at Washington Examiner