Trump Extends TikTok Deal Deadline 90 Days

As the deadline approaches for TikTok's potential ban in the U.S., President-elect Donald Trump has indicated that he may grant a 90-day reprieve to the app, allowing its Chinese owner, ByteDance, more time to negotiate a sale. The law mandating the ban, which takes effect on January 19, prohibits the app from being available in U.S. app stores unless ownership changes hands. Trump has stated that he will announce his decision on the extension on Monday, following his inauguration. TikTok has urged the Biden administration for clarity on whether it will enforce the ban, emphasizing that without assurances, it may be forced to cease operations in the U.S. The situation highlights the complexities of foreign ownership and national security concerns as the company works to avoid shutdown. The Biden administration has indicated it will defer enforcement decisions to Trump once he takes office.