Trump says he’ll act to ban TikTok in US as soon as Saturday

TikTok says it will exit Hong Kong market

ABOARD AIR FORCE ONE (AP) — President Donald Trump said he will take action as soon as Saturday to ban Chinese-owned video app TikTok from the United States.

Trump made the announcement to reporters Friday on Air Force One as he returned from Florida.

Trump said, “As far as TikTok is concerned, we’re banning them from the United States,” Trump said.

The company’s operations in the U.S. has been under review by the secretive Committee on Foreign Investment in the United States.

Trump says he can use emergency economic powers or an executive order to enforce the action, insisting, “I have that authority.”