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Trump says would extend TikTok deadline if there is still no deal

  • On May 4, 2025, President Trump announced his intention to prolong the June 19 deadline for ByteDance to sell TikTok’s U.S. operations if an agreement is not finalized by that date.
  • This follows a congressionally mandated ban initially set for January, twice delayed by Trump amid stalled negotiations and China's refusal to approve the U.S. ownership proposal.
  • Efforts are ongoing to create a new company, majority-owned by U.S. investors, that would take over TikTok’s operations in the United States; however, progress has stalled due to opposition from Beijing and unresolved tariff tensions.
  • Trump told NBC News he has a "sweet spot" for TikTok, will not drop 145% tariffs now, but might reduce them in a broader agreement, noting China's eagerness to reach a deal.
  • The extension signals ongoing talks, yet Democratic senators argue Trump lacks legal authority to delay the ban, and the Chinese government must approve any divestiture agreement.
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Trump Says He Has a Buyer for TikTok

The president tells Fox News that he'll reveal who it is in about two weeks.

·New York, United States
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  • 70% of the sources are Center
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Digital Trends broke the news in United States on Sunday, May 4, 2025.
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