U.S. Commerce Department rescinds TikTok, WeChat prohibited transactions list

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WASHINGTON (Reuters) – The U.S Commerce Department said Monday it was rescinding a list of prohibited transactions with TikTok and WeChat that were issued in September as the Trump administration sought to impose severe restrictions on both Chinese-owned apps.

The withdrawals came after President Joe Biden earlier this month withdrew a series of Trump-era executive orders that sought to ban new downloads of Tencent-owned WeChat and TikTok, and ordered a Commerce Department review of security concerns posed by those apps and others.

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