President Donald J. Trump has issued an extension for the TikTok sale deadline that would have elapsed Saturday, April 5, for another 75 days so that the company could work out their preferred deal.
Despite the US president’s power, he still cannot save it from the law requiring the platform to be divested of its Chinese ownership in order to let TikTok continue its current operations.
Trump Extends TikTok Sale Deadline Another 75 Days
The latest post by Trump on his social media platform, Truth Social, announces that he is signing another executive order that extends TikTok’s sale deadline for another 75 days again. This is a must, according to the POTUS, as he is adamant in helping ByteDance and TikTok, claiming that his administration is “working hard” to “SAVE TIKTOK.”
With this new executive order, TikTok would be up and running for another 75 days, said the President, as he claimed that the deal needs more time to complete the necessary approvals needed for it to push through.
Moreover, Trump also mentioned that through these efforts, the country may “continue working in good faith with China,” despite admitting that his “necessary” tariffs are not being appreciated by the East Asian superpower.
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TikTok: Safe From Another Ban, But It Still Looms Over
The ban against TikTok still looms over despite this new executive order that extends the sale deadline as it still requires the platform to be under American ownership to continue its operations.
However, Trump claimed that he will not let TikTok “go dark” and will continue to give the platform leeway to work out a deal and move forward from its current situation.
President Trump and His Efforts For TikTok
The first order of business for President Trump’s second term in office was signing an executive order that allowed TikTok to continue its operations and avoid a United States ban. The main condition of this executive order is that TikTok will still have to fulfill a sale to a US company or owner to continue its operations as it remains a “foreign adversary,” as classified by the law.
Many companies and groups of investors have submitted their bids to purchase TikTok before and after the said ban, with various names attesting their interest. However, reports claimed that President Trump is currently acting as a broker and mediator in these bids as he evaluates what these entities are proposing.
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