Trump extends the deadline for Tiktok to work in the USA

US President Donald Trump gave Tiktok a second 75 -day extension for the US operation to sell the US operation or to face a prohibition in the country.

“We don’t want Tiktok’s ‘darkening’,” Trump wrote on the real Social. “We look forward to working with Tiktok and China to close the agreement.” The platform is currently belonging to the Chinese company.

Trump’s first extension was given after he started to work in January and will end on Saturday.

Saying that it has more than 170 million users in the USA, the social media platform should be closed in the US under a law enacted by the Congress unless there is a buyer.

In a statement on Friday, Byttance said that he met with Trump administration, but “no agreement was made”.

“There are basic issues to be solved. Any agreement will receive approval in accordance with the Chinese law.” He said.

Former US President Joe Biden’s administration argued that Tiktok could be used by China as a tool for espionage and political manipulation.

Last year, the Congress issued a bilateral law of six months to sell the control stake in Tiktok or to see the prevented practice in the USA.

The opponents of a ban said the freedom of expression as a reason for keeping the platform open.

The new extension comes while trying to make an agreement to make the Trump administration social media platform under American ownership and continue to run the popular application in the USA.

“The agreement requires more work to ensure all the necessary approvals,” Trump wrote on the real social platform on Friday.

It was reported that a Tiktok agreement was almost concluded on Wednesday, but after the same day Trump announced that he announced global tariffs, including China.

BYTEDANCE Representatives contacted the White House to inform China unless the tariffs on a source familiar to BBC’s US partner CBS News.

The anonymous source said that the plan should sign an order that started a 120 -day period to close the agreement and to allow the financing of the documents and securing the financing.

The agreement was approved by the existing investors, new investors, Bayta and the US government, but China withdrew after imposing Trump’s global import taxes.

The Washington Embassy in the DC said, “opposing practices that violate the basic principles of the market economy,” he said.

China faced 54% total of tariffs on goods imported to the USA and retaliated with 34% for counter tariffs.

Reports show that several potential buyers have recently emerged for Tiktok.

According to BBC’s US partner CBS, Amazon submitted a last -minute bid to buy the White House platform, but the company rejected comments.

Among the few other potential buyers, Canadian businessman Kevin O’leary, along with billionaire Frank Mccourt. Alexis Ohanian, who founded Reddit, said he had attended Mr. McCourt’s offer.

Account giant Microsoft, private capital giant Blackstone, venture capital company Andrelesen Horowitz and search engine astonishment AI also run for a share.

Trump said that his administration was in contact with four separate groups interested in a potential Tiktok agreement, but he did not name them.

Vice President JD Vance leads the management’s efforts to find a buyer.

The President also claimed that the US could offer an agreement that he agreed to approve of a tiktok sales to get rid of China’s tariffs on Chinese imports.

“As far as I understand, we hope to continue working in good faith with China, which I understand that it is not very satisfied with our mutual tariffs.”

He added that trade taxes are “every important for our most powerful economic vehicle and national security”.