San Francisco, Aug 8 (TIWN) TikTok on Friday threatened legal action against an executive order that US President Donald Trump issued, prohibiting the China-based company from doing business with the US firms after 45 days.

The company said it was "shocked" by an executive order from the US President outlining the ban.

TikTok said it would "pursue all remedies available" to "ensure the rule of law is not discarded".

Mr Trump issued a similar order against China's WeChat in a major escalation in Washington's stand-off with Beijing.

WeChat's owner, Tencent, said: "We are reviewing the executive order to get a full understanding."

As well as WeChat, Tencent is also a leading gaming company and its investments include a 40% stake in Epic Games - the company behind the hugely popular Fortnite video game.