Trump will extend the deadline for ByteDance to sell TikTok for the third time to 90 days.

ZkSnarker · 2025-06-17T23:32:24+00:00

[Chain News] PANews, June 18 - According to an AP report, U.S. President Trump will sign an executive order this week to extend the deadline for TikTok's parent company, ByteDance, to sell the app for another 90 days. This is the third extension since he took office, aimed at pushing the U.S. acquisition of the TikTok deal to completion. Trump stated that he does not want TikTok to cease operations and believes that Chinese President Xi Jinping will ultimately approve the divestiture deal. The ban on TikTok is still in effect in the U.S., and the sale negotiations have been hindered multiple times due to U.S.-China tensions.

ZkSnarker

2025-06-17 23:32:24

[Chain News] PANews June 18 news, according to the Associated Press, U.S. President Trump will sign an executive order this week to extend the deadline for the acquisition of TikTok’s parent company ByteDance to sell the app for another 90 days. This is the third extension since he took office, aimed at pushing the U.S. side to complete the acquisition deal for TikTok. Trump stated that he does not want TikTok to shut down and believes that Chinese President Xi Jinping will ultimately approve the divestiture deal. The ban on TikTok in the U.S. is still in effect, and the sale negotiations have been repeatedly hindered by U.S.-China friction.

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