U.S. President Donald Trump has signed an executive order delaying the ban on TikTok in the country for 75 days.

Axar.az reports that the executive order has been posted on the official White House portal.

Speaking to reporters in the Oval Office, he said: "I tell you what. Every rich person has called me about TikTok. "When asked by a reporter why he's had a change of heart since trying to ban TikTok in 2020, Trump responded: "Because I got to use it."

It should be noted that Donald Trump had stated after his inauguration ceremony that he would issue an executive order to suspend the enforcement of the law banning TikTok.