The United States President Donald Trump, who is set to leave office in a couple of weeks, has signed an executive order to ban transactions with eight Chinese applications, including Alipay and WeChat Pay.
An interesting thing about the order is that, it’s expected to take effect in 45 days, after Donald Trump leaves office. The applications banned with this executive order includes apps from some of the biggest companies like Ant Group and Tencent.
In a bid to justify the ban, Trump claimed that the applications can access private information from users and could be used by the Chinese government to “track locations of Federal employees and contractors, and build dossiers of personal information.”
More Than A Billion Users To Be Affected
Many US-based companies, including Apple, Ford Motor, Walmart, and Walt Disney previously objected to an executive order by Donal Trump that banned Tencent’s WeChat as well as ByteDance’s TikTok. A federal court has issued a preliminary injunction blocking the ban on WeChat.
As noted above, the executive order bans Alipay, a payments application from Ant Group with more than a billion users. It also bans three applications from Tencent, which includes WeChat Pay, QQWallet, and Tencent QQ. Other apps in the list include CamScanner, SHAREit, Vmate, and WPS Office.
The move appears to be putting more fuel the US-China trade war which started when Donald Trump issued an executive order banning China-based Huawei Technologies, the world’s largest telecom equipment manufacturer.