Trump Extends TikTok Sale Deadline By 75 Days

President Trump has granted TikTok a second 75-day extension to finalize a deal regarding its Chinese ownership, pushing the deadline to mid-June. He announced this on Truth Social, claiming significant progress has been made but that more work is needed to ensure compliance with U.S. national security laws. This extension follows a previous one that temporarily suspended enforcement of a ban due to TikTok's ownership structure. Various companies, including Oracle, Amazon, and influencers like MrBeast, are reportedly interested in acquiring TikTok from its parent company, ByteDance, which has stated it does not plan to sell. Despite ongoing negotiations and potential tariffs as leverage, the Chinese government has not yet agreed to a deal. The situation reflects the broader uncertainty surrounding TikTok's future in the U.S.