Trump Extends TikTok Sale Deadline Amid Tariff Complications
President Trump extends TikTok’s divestment timeline while new tariffs complicate negotiations with China over ByteDance’s U.S. operations.
Summary
President Trump announced a 75-day extension for TikTok’s parent company ByteDance to finalize a divestment deal, which faced setbacks due to new tariffs imposed on China. This extension follows nearly clinched negotiations that would have allowed TikTok to continue operating with majority American ownership, a proposal now stalled after Beijing withheld approval contingent on tariff discussions. Meanwhile, various U.S. companies, including AppLovin and Oracle, are among those expressing interest in acquiring TikTok’s U.S. operations. Trump emphasized the economic leverage of tariffs in these negotiations, affecting the app's future in the U.S.
Sources (32)
- Trump's latest extension for TikTok is viewed as a tactical move aimed at negotiating with China over tariffs rather than a legitimate attempt to safeguard American interests.
- The ongoing delay in addressing TikTok's national security risks undermines the initial bipartisan consensus, raising further vulnerabilities in data security.
- Despite legislation demanding TikTok's divestiture from Chinese ownership, Trump's administration prioritizes the app's popularity over legally mandated actions.
AlterNet·2M· "…There does not appear to be any set deal, despite Trump’s claims to the contrary."
PBS NewsHour·2M· "…If the extension keeps control of TikTok’s algorithm under ByteDance’s authority, those national security concerns persist."
The Guardian·2M· "…The TikTok deal requires more work to ensure all necessary approvals are signed."
MSNBC·2M· "…Lawmakers on both sides of the aisle have long expressed concern that the Chinese government could gain access to sensitive user data through TikTok and use the app to spread misinformation among Americans."
MEDIAite·2M· "…Trump has infamously reversed his position on the social media app, owned by Chinese internet company ByteDance."
CNN·2M· "…But the delay in reaching a formal deal raises questions about the app’s long-term future."
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