Trump Extends TikTok Sale Deadline by 75 Days

President Trump has signed another executive order to keep TikTok operating by giving the popular social video app owned by China’s ByteDance another 75 days to find a buyer.

The TikTok parent had until April 5 to divest by finding a U.S. buyer. “The Deal requires more work to ensure all necessary approvals are signed, which is why I am signing an Executive Order to keep TikTok up and running for an additional 75 days,” Trump said on his Truth Social site.

News of the TikTok deadline extension came on the same day China announced it will impose a 34 percent tariff on all goods imported from the U.S. starting on April 10 as part of escalating global tariff turmoil.

 

“We hope to continue working in Good Faith with China, who I understand are not very happy about our Reciprocal Tariffs (Necessary for Fair and Balanced Trade between China and the U.S.A.!)… We do not want TikTok to ‘go dark.’ We look forward to working with TikTok and China to close the Deal. Thank you for your attention to this matter!” Trump added in his post.

The Biden administration proposed a national ban on TikTok if its parent company didn’t sell the platform. But Trump in January signed an executive order to delay the implementation of the bill to require TikTok to divest.

Efforts to find a U.S. buyer for TikTok has produced apparent bidders, but as yet no definitive deal for ByteDance to spin off the social media app to avoid a U.S. ban.

Source:  The Hollywood Reporter - BY ETAN VLESSING: APRIL 4, 2025 11:10AM