Trump Says He Will Likely Extend TikTok Divestment Deadline Again

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President Donald Trump said on June 17 that he will likely extend the deadline once again for TikTok’s China-based parent company, ByteDance, to divest itself of its holdings in the social media platform.
Previous two extensions in January and April stalled a ban on TikTok by 75 days, temporarily saving the popular video-sharing app from a ban in the United States.
When asked whether he would give a third extension after the upcoming June 19 deadline, the president said, “Probably, yeah.”
He expressed optimism about a potential deal in which ByteDance would sell U.S. assets of TikTok to a non-Chinese buyer.
“I think [Chinese leader] Xi [Jinping] will ultimately approve it.”
When asked by reporters whether he has the legal basis to extend the deadline again, Trump said, “Yeah, we do.”
The future of TikTok in the United States has remained uncertain because of persistent national security concerns, particularly regarding the Chinese communist regime’s ability to force ByteDance to hand over the massive amount of data it collects on its American users or manipulate the platform’s sophisticated algorithm to sway public opinion. These concerns stem in part from China’s 2017 National Intelligence Law, which obligates Chinese companies to cooperate with state intelligence operations.
Over the past months, Trump has hinted that he was nearing an agreement with China regarding the app’s sale.
Among the companies and individuals reportedly interested in acquiring TikTok are online retail giant Amazon and Tim Stokely, the British entrepreneur who founded OnlyFans. ByteDance has not publicly confirmed any negotiations with potential buyers, nor has it officially indicated a willingness to sell the platform.
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