The President issued Executive Order 14166, delaying the enforcement of the "Protecting Americans from Foreign Adversary Controlled Applications Act" as it applies to TikTok and its parent company, ByteDance Ltd., for 75 days. This delay aims to allow the administration time to assess the national security risks and consider possible solutions without abruptly shutting down the app used by millions of Americans. During this period, the Attorney General is instructed not to enforce the Act, and no penalties will be imposed for any noncompliance related to the Act. Additionally, the Attorney General will ensure that states or private parties do not attempt to enforce the Act during this time, maintaining the exclusive authority of the Executive Branch.
Simple Explanation
Imagine there is a rule to stop using a popular toy because it might not be safe, but the President decided to pause this rule for a little while. This gives everyone time to think about how to make the toy safer without taking it away from kids who love playing with it.