Trump spoke to NBC News' Kristen Welker in an exclusive phone interview Saturday, discussing his plans on what to do about the popular social media app.

Once he takes office on Monday, President-elect Donald Trump plans to give TikTok a 90-day 'reprieve' from a ban, he told NBC News on Saturday.

“Our position on this has been clear: TikTok should continue to operate under American ownership. Given the timing of when it goes into effect over a holiday weekend a day before inauguration, it will be up to the next administration to implement,” read the statement.

The Chinese-owned company said it would cut off its services unless the U.S. assures Apple, Google and other companies that they would not be punished for hosting and distributing TikTok.

At the time, India was TikTok’s biggest foreign market outside of China, with 200 million users. (For comparison, the U.S. currently has over 170 million TikTok users.) Following military clashes along the disputed border between India and China,

This video can not be played TikTokers' say goodbye to their 'Chinese spy' and move to RedNote Edited by Brandon Livesay and Phil McCausland in New York Phil McCausland Reporting from New York The US Supreme Court's decision to uphold a law that could ban TikTok in America has disappointed millions of users across the country - many of whom earn money through its use.