Trump extends deadline for tictok ban on sales negotiations
Trump extends deadline for tictok ban on sales negotiations
President Donald Trump announced on Friday that the enforcement of the law for sale or prohibition by TikTok will be postponed by another 75 days, while his team continues to work on a deal to secure access to the app in the United States
progress in the negotiation
"My administration worked intensively on a deal to save Tikkok and we have made enormous progress. The deal requires even more work to ensure that all the necessary permits are signed," said Trump in a Post on truth social .
background of the Tikok ban
The announcement takes place one day before the ban should come into force. Trump had already arranged a first 75-day delay at the beginning of his term in January. Former President Joe Biden had signed a law last year, which stipulates the Tiktok, Bytedance parent company based in China, to sell the app or to be confronted with a ban in the USA due to national security concerns. The law should come into force in January, but Trump decided to delay the enforcement, hoping to close a deal to keep the app "alive".
expectations of a deal
Trump and Vice President JD Vance, who is responsible for the management of negotiations to the TikTok deal, have repeatedly stated in the past few days that they expect a deal until the deadline on April 5. Sources that are familiar with the discussions in the White House reported CNN this week that Trump employee went to complete the sale of most TIKTOK assets to the technology company oracle other American investors, while bytedance keeps a minority share of the app.
Future of Tiktok in the USA
Trump announced no details of the potential deal in his post, but indicated that more time is needed to complete it. Trump's promise to further delay the enforcement of the ban is expected to mean that the 170 million American Tikok users can continue to use the popular short video app in the near future.
questions about the long -term perspective
The delay in reaching an official deal raises questions about the long -term perspective of the app. Despite the additional time and the interest of several potential buyers, bytedance and the Chinese government have only publicly signaled that they are ready to consider sales. In addition, the United States and China are currently in an escalating trade war, whereby both sides increase the tariffs, despite a proposal from Trump, to reduce the tariffs to Chinese imports if Beijing agrees with a Tikok deal.
cooperation with China
"We hope to continue working with China in good faith that I understand, are not very happy about our reciprocal tariffs," wrote Trump. "We don't want Tikkok to be 'dark." He added: "We look forward to working with Tikk and China to complete the deal."
On request for a comment, Tikkok and Bytedance do not react.
The news situation is dynamic and is updated with further information and context.
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