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.
7hon MSN
The TikTok deadline is here. Will there be a sale, an extension, a lease agreement, or will it go dark forever?
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.
President Trump on Friday extended social media platform TikTok's deadline to be sold or face a ban in the U.S.
Under Mr Trump the process has run even farther off the rails. The president has no authority to delay the ban unless a deal is well under way. But on his first day in office Mr Trump signed an executive order telling the Department of Justice not to enforce the law for 75 days.
President Donald Trump on Wednesday considered a strategy to avert a TikTok ban scheduled to take effect Saturday.
Oracle and the founder of OnlyFans are also among names that have cropped up as the president seeks to broker a deal.
PRESIDENT Donald Trump has unleashed a searing warning as he hits back at China for imposing revenge tariffs and continues to wage war over the future of TikTok. He cried, “Only the weak
President Donald Trump said his administration was "very close" to a deal to find a buyer for TikTok, which faces a US ban if not sold by its Chinese owner