The president had initially given China’s ByteDance until Saturday to sell or divest its U.S. TikTok business. The company now has 75 additional days.
A finalized TikTok deal was pulled Thursday after President Trump announced massive new tariffs against China, a source familiar with the negotiations told The Hill. Trump was poised to
Trump said he will sign an executive order to extend the April 5 deadline by another 75 days. President Donald Trump said Friday that he is signing an executive order to extend TikTok ’s deadline to find a non-Chinese buyer by another 75 days, giving parent company ByteDance more time to make a deal for the popular social media app.
Trump said his EO will give TikTok's Chinese parent company another 75 days to sell its stake in the social media app or else be banned in the U.S.
The Trump administration's tariffs and negotiations over acquiring TikTok are among key catalysts that BI litigation and policy analysts are watching this week. The team discussed what happens next with respect to the "Liberation Day" tariffs President Trump announced on April 2 and the impacts it could have on companies like Nike,
WEST PALM BEACH, Fla. — President Donald Trump had a TikTok deal in place Wednesday for the app’s operations to be spun off into a new company based in the U.S. and owned and operated by a majority of American investors, with ByteDance maintaining a minority position, according to a person familiar with the negotiations.
President Donald Trump on Friday said he is signing an executive order to keep TikTok running in the U.S. for another 75 days to give his administration more time to broker a deal to bring the
Trump cited a Chinese approval of the sale of TikTok to a U.S. company as an example of a concession Beijing can make to negotiate on tariffs.
American Parents Coalition are urging the Trump administration to take seriously childrens' safety when negotiating a deal to save TikTok by Saturday.