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The White House has announced that Tikkok can continue in the United States for another 90 days in order to extend a deadline for the popular social media app in China in order to sell participation in the platform for satisfying American law.
“President (Donald) Trump will sign an additional order of the executive this week to keep Tikok uprising,” said Karoline Leavitt’s press spokesman for the White House on Tuesday. “As he has said many times, President Trump does not want Tikkok to be dark.
“This expansion takes 90 days, which will output the administration to ensure that this deal is closed so that the American population Tiktok can continue to use with the assurance that your data is secure.”
Congress last year Laws adopted To force Bytedance, Tikok’s Chinese owner, to sell the app or to ban a ban in the USA.
Trump promised to “save” the app and extended the deadline for the time being from January to April and then from April to 19th Juni, after failing to give up a deal that dates from China.
Before the April period, the White House concluded in an agreement that would split the Tikok from Bytedance and set up a US company to get new investments in order to water down the shares of the Chinese investors.
According to the conditions of this business, investors, including Andreessen Horowitz and Blackstone, owned about half of the US business of Tikok, while large existing investors, including General Atlantic, Susquehanna and KKR, had kept around 30 percent of the new facilities.
Financial Times previously reported that the White House had considered other potential external investors. including the right media star Tucker Carlson.
Bytance informed the White House and the investors that Beijing was willing to approve the deal, according to a person who was familiar with the matter. After Trump announced the tariffs in China and other countries on April 2, Bytedance said investors that Beijing had lifted his approval. The White House was waiting for the US China trade voltages to make it easier before trying to revive the deal, according to the person.
In 2020, during his first term as President, Trump switched to Block Tiktok and wrote in one Executive order That his data acquisition “threatens to enable the Chinese party’s communist party to the personal and proprietary information of the Americans”.
However, Trump changed his approach to the platform after reaching her younger voters in the 2024 elections. Trump said in May NBC that he had “a small warm stain in my heart for Tiktok”.
