Trump Signs Order Extending TikTok Sale Deadline
Trump Signs Order Extending TikTok Sale Deadline

Trump Signs Order Extending TikTok Sale Deadline

News summary

President Donald Trump has signed an executive order extending the deadline for ByteDance, TikTok's Chinese parent company, to sell its U.S. operations by another 75 days, delaying a potential ban. This extension aims to allow more time to finalize a deal that ensures TikTok remains operational in the U.S., amidst national security concerns and ongoing trade tensions with China. Trump's administration is reportedly negotiating with several non-Chinese investors to take over TikTok's U.S. operations, reducing ByteDance's ownership below the legal threshold. The extension comes amid reciprocal tariffs between the U.S. and China, and Trump's hope to continue negotiations in good faith. Beijing has yet to publicly approve a sale, adding complexity to the negotiations. The administration underscores the importance of tariffs as a tool for national security and trade balance, while emphasizing the desire to prevent TikTok from being banned.

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273052be-62e1-48ef-a4f6-fb29a3f704e5bd68667e-abfe-4783-a143-3b1ae84b8232ee2e2e88-f60f-46ba-af3a-dd7892b6c73cbfb2a97b-336e-48d9-b69a-147df7862dc2
+6
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Right 20%
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Total News Sources
14
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6
Center
2
Right
2
Unrated
4
Last Updated
7 hours ago
Bias Distribution
60% Left
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