Deadline for TikTok’s U.S. Sale Extended Again Amidst Stalled U.S.-China Negotiations
President Donald Trump has once again extended the deadline for ByteDance to sell the U.S. operations of TikTok. The new deadline, now pushed to September 17, 2025, marks the third extension amidst ongoing negotiations between the U.S. and China over the popular social media platform.
Trump made an announcement on Truth Social, expressing his belief that the U.S. is on the verge of a deal. However, he also acknowledged that any agreement would hinge on the approval of Chinese President Xi Jinping. The popular app, which boasts a user base of over 170 million Americans, finds itself entangled in a complex web of national security concerns and trade tensions between the two global superpowers.
The ongoing saga surrounding TikTok underscores the broader tech trade war between the U.S. and China. The original law from the Biden era mandated ByteDance to divest TikTok due to concerns over data security and potential influence from the Chinese government. Several potential buyers, including Oracle, AppLovin, and Amazon, have shown interest. However, the ongoing tariff disputes continue to complicate the negotiations, preventing any deal from materializing.
Source: Fox Business