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Trump to extend TikTok sale deadline for third time, White House says
President Trump will extend the deadline for the Chinese company ByteDance to sell TikTok's U.S. assets by 90 days, moving the date to mid-September. This marks the third extension despite legal requirements for divestment or shutdown due to national security concerns, with an executive order expected to be signed this week.
Key points
- Trump extends TikTok divestment deadline by 90 days.
- New deadline moves from June 19 to mid-September.
- Previous extensions were granted to avoid a congressionally mandated ban.
- The extension comes amid ongoing national security concerns regarding TikTok's data handling.
Why it matters
- The situation reflects increasing scrutiny on Chinese tech firms amidst U.S.-China tensions.
- Similar actions are seen in 2025 IT trends focusing on data privacy and national security.
- The case illustrates potential regulatory developments affecting tech companies globally.
The extension signifies Trump's ongoing effort to manage national security concerns while navigating complex international business relations with tech firms.