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Heat
President Donald Trump extended the deadline for sale in Tuesday, disposal of potential shutdown app, hours after he told reporters to reach the “agreement” with Chinese officials in the future of the application.
Tiktok logo shown on the phone screen and Photo of the Trump recorded 25. June in the Hague screen in the background can be seen in this illustrative photo recorded in Poland 21. July 2025. (Photo Jakub Porzici / Nurphoto)
NurPhoto Via Getty Images
Key facts
Trump signed the executive in Tuesday to give more time to finalize sales, days before it was set up to meet with Chinese President Xi Ćaste to discuss the plan.
SCOTT BESent Secretary told CNBC earlier on Tuesday, the agreement on Benthemans were completed “in essence” in March or April, but that Chinese delayed the agreement after Trump’s tariff announcement.
Tangent
Trump told reporters on Sunday “we can let go (ticktok) to die,” adding it “to China”.
What to watch on
The agreement is expected to close over the next 30 to 45 days, according to CNBC.
Key background
This is the fourth time Trump extended the deadline because the Law entered into force in January, demanding that Tiktokovo is the parent company, by law, to sell the application to non-Chinese owners of security issues related to Chinese government. Chinese officials must unsubscribe for sale. Trump took a milder approach to ticktok than it did during his first term, lending to help him winning young people at Presidential Elections 2024. Years.
Further reading
Trump suggests that tiktok “a deal” has scored with cinema -What to know (Forbes)
Battle for tiktok: Amazon, Applovin Join Oracle and these others who acted to buy it (Forbes)
