Trump orders ban on transactions with more Chinese apps

President Donald Trump has signed an executive order banning transactions with eight Chinese apps including Alipay and WeChat Pay. order goes into effect in 45 days, at which point Joe Biden will be president, so its fate is unclear.  orders follow two ors Trump signed in August banning dealings with popular video app TikTok as well as main WeChat app. fate of those apps in U.S. is still unclear, and with just 15 days left until Inauguration Day, it will likely fall to Biden to deal with m — or t. same goes for Tuesday's executive order.

A representative for Biden's office did t immediately return a mess for comment Tuesday. Alipay is a widely used digital wallet that is part of empire of e-commerce billionaire and Ant Group founder Jack Ma , China’s richest entrepreneur. WeChat Pay is a rival service operated by tech giant Tencent. Trump's order cites unspecified concerns about apps collecting Americans' personal and financial information and turning it over to China’s communist government.

order is Trump ministration’s latest attempt to hobble China, a rising ecomic superpower. Over past several years, it has wd a tre war with China, blocked mergers involving Chinese companies and stifled business of Chinese firms like Huawei, a maker of phones and telecom equipment.

China-backed hackers, meanwhile, have been blamed for data breaches of U.S. federal databases and credit ncy Equifax, and Chinese government strictly limits what U.S. tech companies can do in China.

Political analysts expect Biden to try to resume cooperation with Beijing on issues such as climate change and coronavirus. However, ecomists and political analysts expect few big changes due to widespre frustration with Beijing’s tre and human rights record and accusations of spying and techlogy ft.