President Donald Trump on Friday said that he will extend the deadline for TikTok's owner to find a non-Chinese buyer by 75 days, averting what could have been another disruption to the app.

ByteDance, the Chinese company that owns TikTok, must find a non-Chinese buyer for the app or else it will be banned under a law passed in 2024. Trump had previously delayed the app’s ban via executive order on his first day in office, effectively giving ByteDance until April 5 — Saturday — to comply with the law.

"My Administration has been working very hard on a Deal to SAVE TIKTOK, and we have made tremendous progress," he wrote in a TruthSocial post. "The Deal requires more work to ensure all necessary approvals are signed, which is why I am signing an Executive Order to keep TikTok up and running for an additional 75 days."

ByteDance, which previously said it did not plan to sell TikTok, has remained silent about whether it was in talks with bidders and has not publicly confirmed it would divest at all.

He also referenced his recently imposed tariffs, saying said the administration hopes “to continue working in Good Faith with China, who I understand are not very happy about our Reciprocal Tariffs (Necessary for Fair and Balanced Trade between China and the U.S.A.!). This proves that Tariffs are the most powerful Economic tool, and very important to our National Security!”

China on Friday announced a 34% tariff on all products imported from the U.S., escalating the trade war between the world’s two biggest economies.

TikTok’s future in the United States has been in limbo ever since former President Joe Biden signed the bipartisan legislation last year, with lawmakers citing national security concerns over the possibility of China accessing American users’ data.

Posted by John3262005

7 Comments

  1. PleaseGreaseTheL on

    This was tied to the tariffs on china as a deal – “sell off bytedance, and we loosen tariffs”

    China either ignored us or said “fuck you”, and we just blinked.

    We just got a timeline for how long the tariffs might last, at least as far as China goes.

    Not the bottom yet.

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