I don’t follow this story at all. Would you mind an ELI5 of what’s happening?

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Before the 2020 election trump floated the idea of banning tic tok.

After he lost he activly called for its ban and a law telling the owners, (bitdance or tencent i dont remember which) to sell its US subsidiary to a US company passed through both houses of US lawmakers.

Now He's won in 2024, partily due to tic tok's use by GenZ, he doesn't want to ban it.