Trump threatens to ban TikTok

The president fears the Chinese government will use the app to access user’s private data and all this comes while a new coronavirus stimulus relief package hangs in the balance.
1:58 | 08/02/20

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Transcript for Trump threatens to ban TikTok
We turn to politics and the gridlock over coronavirus relief. More meetings but no deal yet, as millions of Americans face financial disaster. ABC's Alex Presha has the latest from Washington. Reporter: It's the deal millions of Americans are depending on -- a new round of coronavirus economic stimulus. Saturday, Democrats and trump administration officials met on capitol hill for three hours. Their longest meeting of the week. It was more productive than the other meetings. There are many issues that are still very much outstanding. I want to be clear, there's still a lot of open issues but, again, I think it was the most constructive meeting we've had. Reporter: At stake -- millions on the verge of losing their homes after the cares act eviction moratorium ended. And that $600 per week unemployment benefit. This woman knows she can't make the rent. What are you going to do? I don't know. Reporter: Anger boiling over, many upset a deal hasn't happened yet. You have an obligation to the American people to not just leave us out to dry to fend for ourselves. Reporter: Former vice president Joe Biden firing back in a statement, because Donald Trump is abdicating his responsibility we now face a potential housing crisis across the country. So much at stake with this deal. Alex Presha joining us from Washington. Another developing story, the president threatening to ban tiktok. You actually have some new information on that. The president threatened to ban tiktok over fears that the Chinese government could get access to users' private data. Now tiktok's parent company has responded by completely divest its U.S. Operation. Tiktok released a video saying it's not going anywhere. It's responsible for 10,000 U.S. Jobs. Guys? All right, Alex, thank you.

This transcript has been automatically generated and may not be 100% accurate.

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