Trump extends TikTok ban deadline for third time | Business

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Trump extends TikTok ban deadline for third time – Business News

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President Trump on Thursday signed an government order extending the deadline by one other 90 days for TikTok to be bought to a US entity or banned within the nation.

The video-sharing platform, which is owned by Chinese company ByteDance, now has till September 17 to seek out an American purchaser, in response to a post by Trump on Truth Social.

Trump signed one other extension for TikTok on Thursday. AFP through Getty Images

He had floated the thought of one other extension in May, telling reporters: “Probably, yeah. Probably have to get China approval but I think we’ll get it. I think President Xi will ultimately approve it.”

The social platform now has till September to seek out a purchaser. REUTERS

It’s the third extension Trump has granted the platform after it helped him win over younger voters within the 2024 election.

A congressionally mandated ban on the app was initially on account of take impact in January, however the app went darkish within the US for simply 14 hours earlier than Trump issued a reprieve.

The president has referred to as for ByteDance to divest the US belongings of TikTok on national security grounds, claiming it might give China entry to a huge reserve of American consumer knowledge.

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