In a shocking turn of events, former U.S. President Donald Trump has granted an extra 75 days’ extension for the sale of TikTok, indicating ongoing negotiations with the parent company of the popular app, ByteDance, and China. The move comes as negotiations to close the deal continue, with Trump indicating that he wants to engage with both TikTok and China to achieve a deal that satisfies national security interests.
The delay grants the parties additional time to sort out the finer details of the sale, something that has been an area of tension between the U.S. and China. Trump has repeatedly expressed concern regarding the app’s security over its data, citing the fear that TikTok may find a way to infringe on the privacy of American citizens by virtue of its Chinese connection. Negotiations have yet to yield a conclusive outcome.
The deadline is a reflection of the complexities of the TikTok drama, with the app still struggling against political and legal battles in America. The threat of the deadline has pressed everyone involved, and the future of the app in the American market has become increasingly heated.
With a 75-day extension, TikTok’s future is in limbo, but the added time could offer some room for all parties to agree on a mutually acceptable deal. The outcome of the negotiations will have major ramifications for TikTok’s business and its standing with the U.S. government.
