Trump extends the Tiktok deal deadline for another 75 days
Tiktok will get more time to come up with a plan to stay in the United States. President Donald Trump signs another executive order, effectively extends the deadline for the company to find US buyers by another 75 days. The president signaled that he intends to give the deal more time Through a true social publicationS
“My administration works very hard on a deal to save the Tittok and we have made great progress,” Trump wrote. “The transaction requires more work to ensure that all necessary approvals are signed. Therefore, I sign an enforcement order to maintain Tiktok and run for an additional 75 days.”
Trump’s post suggests that the recently introduced A package of tariffs against American trading partners As China will somehow help to complete the deal. As part of the ban on Tiktok entered into law Former President Biden in April 2024. The Tiktok Bytedance mother company is forced to sell Tiktok to a US buyer or be expelled from US app stores and web hosting platforms.
After a good little backward above the legality of the prohibition, The Supreme Court eventually confirmed itand left the application of the law of the arriving administration of Trump. Tiktok was unavailable for a short timeBut Trump eventually signed an enforcement order This delayed the implementation of the prohibition by 75 days to give Tiktok more time to find a buyer and return the app and work.
Multiple companies and groups have interest On outspoken buying or investing in tiktok – Even Amazon has been reported – But no one has achieved a deal that satisfies Bytedance or the Chinese government. It is not clear that tariffs change one’s motivations, but if everyone continues to accept the Trump Ministry of Justice, they just don’t apply the ban, then the whole test seems to last as long as it is necessary.
This article originally appeared on Engadget at https://www.engadget.com/social-media/trump-is-s-Extending-the-deadline-for-a-tiktok-dal-by-another-75-Days-805267
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