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Trump victory may provide TikTok a lifeline to remain in the U.S.

CNBC
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Donald Trump's election victory may provide a lifeline for TikTok , which faces a potential U.S. ban in January if not divested from parent company.

In April , President Joe Biden signed a law that requires China 's ByteDance to sell TikTok by Jan. 19 .

Both Republicans and Democrats supported Biden 's TikTok ban in April , but Trump voiced opposition to it during his candidacy.

Trump could potentially call on Congress to repeal the law or introduce a more "selective enforcement".

Since launching his TikTok account in June , Trump has amassed over 14 million followers.

Maintaining support of the TikTok ban could also win Trump political favor with lawmakers concerned about China 's influence.

Trump may not want to make a decision that results in him losing the public attention and influence he's gained on TikTok .