WASHINGTON D.C. --President Donald Trump on Friday extended a deadline requiring China-based ByteDance to sell the U.S. operations of TikTok or face an effective ban in the country, marking the second time he has taken such action.
Trump announced the extension on his Truth Social platform, saying the TikTok deal “requires more work to ensure all necessary approvals are signed.” The extension will “keep TikTok up and running for an additional 75 days,” he said. The new extension kicks TikTok’s deadline to mid-June.
“We hope to continue working in Good Faith with China, who I understand are not very happy about our Reciprocal Tariffs (Necessary for Fair and Balanced Trade between China and the U.S.A.!),” Trump said in the post.
ByteDance has been in discussion with the U.S. government, the company says, adding that any agreement will be subject to approval under Chinese law.
“An agreement has not been executed,” a spokesperson for ByteDance said in a statement. “There are key matters to be resolved.”