The US House of Representatives approved the bill against Iran, Russia and China

The US House of Representatives has again approved a law that could lead to the banning of the “TikTok” app in the US, although this time it will give it more time.

According to the Business Insider news website, according to this bill, the Chinese owner of Tik Tok has one year to hand over the company’s assets in America, otherwise it will face a ban.

The previous version of this bill gave only six months to the Chinese company “Byte Dance” to find a new owner.

Giving the executive branch the power to sanction Iran and confiscate Russia’s blocked assets

In order to speed up the implementation of this plan, House Speaker Mike Johnson combined it with a bill that would allow the US to seize frozen Russian assets for the benefit of Ukraine; Then he put it in a package containing aid bills for Taiwan, Israel and Ukraine, all of which have been delayed for months.

This legal package will go to the Senate in a few days and will probably be approved there as well.

Russian news agency Sputnik says the bill would also allow the executive branch to impose sanctions on Iran and, on the other hand, disrupt Hamas’ ability for what it calls “terrorist financing.”

CNN also says that this bill will sanction ports and refineries that receive and process Iranian oil. Also, more bans will be imposed on the export of goods and technology of American origin to Iran.

The said bill has several aspects. Regarding Tik Tok, American politicians have repeatedly expressed concern. This application, which is installed on mobile phones and where people share short videos, has recently become very popular among young Americans. The authorities of this country claim that Byte Dance shares user information with the Chinese government.

On the other hand, the potential efforts of the United States and the European Union to confiscate Russian assets have met with a strong reaction from Moscow. Maria Zakharova, the spokeswoman of the US State Department, previously called such action theft and trade war and says that Moscow will give a tough response to it.