Trump extends deadline for TikTok sale by 90 days

President Trump Takes Part In Swearing-In Ceremony For Securities and Exchange Commission Chairman Paul Atkins

President Donald Trump announced on Thursday that he had given social media platform, TikTok another 90 days to find a non-Chinese buyer or be banned in the United States.

“I’ve just signed the Executive Order extending the deadline for the TikTok closing for 90 days (September 17, 2025),” Trump posted on his Truth Social platform, putting off the ban for the third time.

A federal law requiring TikTok’s sale or ban on national security grounds was due to take effect the day before Trump’s January inauguration.

The Republican, whose 2024 election campaign relied heavily on social media, has previously said he is fond of the video-sharing app.

“I have a little warm spot in my heart for TikTok,” Trump said in an NBC News interview in early May. “If it needs an extension, I would be willing to give it an extension.”

TikTok on Thursday welcomed Trump’s decision.

“We are grateful for President Trump’s leadership and support in ensuring that TikTok continues to be available for more than 170 million American users,” said a statement issued by the platform.

Trump said in May that a group of purchasers was ready to pay TikTok owner ByteDance “a lot of money” for the video-clip-sharing sensation’s US operations.

Trump has repeatedly downplayed risks that TikTok is in danger, saying he remains confident of finding a buyer for the app’s US business.

The White House had announced Monday that Trump would throw the wildly popular video-sharing app, which has almost two billion global users, another lifeline.

During this new grace period the administration will work “to ensure this deal is closed so that the American people can continue to use TikTok with the assurance that their data is safe and secure,” the administration said in a statement.

The president is “just not motivated to do anything about TikTok,” said independent analyst Rob Enderle. “Unless they get on his bad side, TikTok is probably going to be in pretty good shape.”

Trump had long supported a ban or divestment, but reversed his position and vowed to defend the platform after coming to believe it helped him win young voters’ support in the November election.

Post a Comment

0 Comments