{"id":274467,"date":"2025-04-05T00:38:08","date_gmt":"2025-04-05T00:38:08","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/05\/trump-extends-deadline-to-keep-tiktok-running-in-us\/"},"modified":"2025-04-05T00:38:08","modified_gmt":"2025-04-05T00:38:08","slug":"trump-extends-deadline-to-keep-tiktok-running-in-us","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/05\/trump-extends-deadline-to-keep-tiktok-running-in-us\/","title":{"rendered":"Trump extends deadline to keep TikTok running in US"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/i1.wp.com\/ichef.bbci.co.uk\/news\/1024\/branded_news\/0f7f\/live\/90b1de20-117f-11f0-b234-07dc7691c360.jpg?ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Trump extends deadline to keep TikTok running in US\" title=\"Trump extends deadline to keep TikTok running in US\" \/><\/div><p> <br \/>\n<\/p>\n<div data-component=\"text-block\">\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">US President Donald Trump has granted TikTok a second 75-day extension to comply with a law that requires the hugely popular video app to either sell its US operation or face a ban in the country.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">&#8220;We do not want TikTok to &#8216;go dark&#8217;,&#8221; Trump wrote on Truth Social. &#8220;We look forward to working with TikTok and China to close the Deal.&#8221; The platform is currently owned by Chinese company ByteDance.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">Trump&#8217;s first extension was granted after he took office in January and was set to expire on Saturday.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">The social media platform, which says it has more than 170 million users in the US, must close in the US under a law passed by Congress &#8211; unless a buyer is found.<!-- --><\/p>\n<\/div>\n<div data-component=\"text-block\">\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">In a statement on Friday, ByteDance said it had been in discussion with the Trump administration, but &#8220;an agreement has not been executed&#8221;.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">&#8220;There are key matters to be resolved. Any agreement will be subject to approval under Chinese law,&#8221; a spokesperson said. <!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">Former US President Joe Biden&#8217;s administration had argued that TikTok could be used by China as a tool for spying and political manipulation.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">Congress passed a bipartisan law last year that gave ByteDance six months to sell its controlling stake in TikTok or see the app blocked in the US.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">Opponents of a ban have cited freedom of speech as a reason for keeping the platform open.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">The new extension comes as the Trump administration tries to broker a deal to bring the social media platform under American ownership, and keep the popular app running in the US. <!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">&#8220;The Deal requires more work to ensure all necessary approvals are signed,&#8221; Trump wrote on his Truth Social platform on Friday.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">A TikTok deal was reportedly nearly finalised on Wednesday, but fell apart after Trump on the same day announced sweeping global tariffs, including on China.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">ByteDance representatives contacted the White House to inform them China would no longer approve the deal unless negotiations on the tariffs could take place, a source familiar with the deal told CBS News, the BBC&#8217;s US partner.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">The unnamed source said the plan had been for Trump to sign an order initiating a 120-day period for closing the deal, allowing time to finish paperwork and secure financing. <!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">The agreement had won approval from existing investors, new investors, ByteDance, and the US government, but China backed out once Trump imposed the global import taxes, CBS reports.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">China faces a 54% aggregate tariff on goods imported into the US, and has retaliated with 34% in counter tariffs.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">Reports suggest several potential buyers for TikTok have cropped up in recent days.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">Amazon has put in a last-minute offer to the White House to acquire the platform, according to the BBC&#8217;s US partner CBS, though the firm has declined comment.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">Several other potential buyers include billionaire Frank McCourt, together with Canadian businessman Kevin O&#8217;Leary. Alexis Ohanian, who co-founded Reddit, has said he has joined Mr McCourt&#8217;s bid.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">Computing giant Microsoft, private equity giant Blackstone, venture capital firm Andreessen Horowitz and search engine Perplexity AI are also reportedly in the running for a stake.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">Trump\u00a0has\u00a0said\u00a0his\u00a0administration\u00a0was\u00a0in\u00a0touch\u00a0with\u00a0four separate groups interested in a potential\u00a0TikTok\u00a0deal, though he has not named them. <!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">Vice-President JD Vance is spearheading the administration&#8217;s effort to find a buyer.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">The president has also suggested the US could offer a deal where China agrees to approve a TikTok sale in exchange for relief from US tariffs on Chinese imports.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">&#8220;We hope to continue working in Good Faith with China, who I understand are not very happy about our Reciprocal Tariffs,&#8221; Trump wrote on Truth Social.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fezwLZ\">He added that the trade levies are &#8220;the most powerful economic tool, and every important to our national security&#8221;.<!-- --><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.com\/news\/articles\/cx256dd1znpo\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US President Donald Trump has granted TikTok a second 75-day extension to comply with a law that requires the hugely popular video app to either sell its US operation or face a ban in the country. &#8220;We do not want TikTok to &#8216;go dark&#8217;,&#8221; Trump wrote on Truth Social. &#8220;We look forward to working with [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":274468,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/ichef.bbci.co.uk\/news\/1024\/branded_news\/0f7f\/live\/90b1de20-117f-11f0-b234-07dc7691c360.jpg","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[669,6068,8271,231,52],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/274467"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=274467"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/274467\/revisions"}],"predecessor-version":[{"id":274469,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/274467\/revisions\/274469"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/274468"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=274467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=274467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=274467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}