Trump Extends TikTok Sale Ban Deadline by 90 days!

TikTok is visible in the app stores of both an iPhone and Google Pixel devices as of January 8th. The White House has provided TikTok with another opportunity by extending the enforcement deadline of the sale-or-ban law by an additional 90 days. White House press secretary Karoline Leavitt announced that President Donald Trump will sign an Executive Order to ensure TikTok remains operational. The extension aims to facilitate the closure of a deal that guarantees the safety and security of American users’ data.

President Trump’s latest action marks the third extension of the ban, allowing the app to remain accessible to its 170 million American users. The legislation, initially passed with bipartisan support due to concerns about TikTok’s Chinese ownership posing a national security risk, has been a focal point in US-China trade negotiations. Despite the law coming into effect in January, efforts to ban TikTok or force a sale have been postponed, with Trump’s recent Executive Order further delaying the enforcement deadline.

The future of TikTok in the United States remains uncertain, as discussions continue on securing a deal that satisfies both American and Chinese interests. ByteDance, TikTok’s parent company, acknowledges that key issues still need resolution and any agreement will require approval under Chinese law. The recent enforcement delay has raised questions about the potential sale of TikTok and its long-term presence in the American market. Talks are ongoing with Vice President JD Vance’s office to explore options for securing TikTok’s future in the US.

TikTok stated that they are extending the deadline for a deal involving the app, which is used by millions of users and businesses in the U.S. The extension follows an agreement between the United States and China to relax export controls, aiming to reduce tensions and avoid further restrictions between the two countries. While it’s uncertain if the TikTok deal is part of this agreement, cooperation between the nations could increase the likelihood of transferring control of the app to a U.S. buyer.

President Trump mentioned that Chinese approval would likely be necessary for the TikTok deal, expressing confidence in obtaining it. The proposed deal earlier this year involved American investors taking a majority stake in a new entity managing TikTok’s U.S. operations, with ByteDance retaining a minority share. Various notable bidders, like Frank McCourt’s group and tech companies, had shown interest in acquiring TikTok.

Trump initially sought to ban TikTok but later reconsidered after trying the app himself. The company’s CEO had even attended his inauguration. To access more CNN news and newsletters, sign up on CNN.com.

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