Trump Extends TikTok Deadline For the Second Time
Published on April 05, 2025 at 02:30AM
For the second time, President Trump has extended the deadline for ByteDance to divest TikTok's U.S. operations by 75 days. The TikTok deal "requires more work to ensure all necessary approvals are signed," said Trump in a post on his Truth Social platform. The extension will "keep TikTok up and running for an additional 75 days." "We hope 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.!)," Trump added. CNBC reports: ByteDance has been in discussion with the U.S. government, the company told CNBC, adding that any agreement will be subject to approval under Chinese law. "An agreement has not been executed," a spokesperson for ByteDance said in a statement. "There are key matters to be resolved." Before Trump's decision, ByteDance faced an April 5 deadline to carry out a "qualified divestiture" of TikTok's U.S. business as required by a national security law signed by former President Joe Biden in April 2024. ByteDance's original deadline to sell TikTok was on Jan. 19, but Trump signed an executive order when he took office the next day that gave the company 75 more days to make a deal. Although the law would penalize internet service providers and app store owners like Apple and Google for hosting and providing services to TikTok in the U.S., Trump's executive order instructed the attorney general to not enforce it. "This proves that Tariffs are the most powerful Economic tool, and very important to our National Security!," Trump said in the Truth Social post. "We do not want TikTok to 'go dark.' We look forward to working with TikTok and China to close the Deal. Thank you for your attention to this matter!"
Published on April 05, 2025 at 02:30AM
For the second time, President Trump has extended the deadline for ByteDance to divest TikTok's U.S. operations by 75 days. The TikTok deal "requires more work to ensure all necessary approvals are signed," said Trump in a post on his Truth Social platform. The extension will "keep TikTok up and running for an additional 75 days." "We hope 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.!)," Trump added. CNBC reports: ByteDance has been in discussion with the U.S. government, the company told CNBC, adding that any agreement will be subject to approval under Chinese law. "An agreement has not been executed," a spokesperson for ByteDance said in a statement. "There are key matters to be resolved." Before Trump's decision, ByteDance faced an April 5 deadline to carry out a "qualified divestiture" of TikTok's U.S. business as required by a national security law signed by former President Joe Biden in April 2024. ByteDance's original deadline to sell TikTok was on Jan. 19, but Trump signed an executive order when he took office the next day that gave the company 75 more days to make a deal. Although the law would penalize internet service providers and app store owners like Apple and Google for hosting and providing services to TikTok in the U.S., Trump's executive order instructed the attorney general to not enforce it. "This proves that Tariffs are the most powerful Economic tool, and very important to our National Security!," Trump said in the Truth Social post. "We do not want TikTok to 'go dark.' We look forward to working with TikTok and China to close the Deal. Thank you for your attention to this matter!"
Read more of this story at Slashdot.
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