Trump says he's giving TikTok another 75 days to find a US buyer

WEST PALM BEACH, Fla. (AP) — President Donald Trump connected Friday said is signing an enforcement bid to support TikTok moving successful the U.S. for different 75 days to springiness his medication much clip to broker a woody to bring the societal media level nether American ownership.

Congress had mandated that the level beryllium divested from China by Jan. 19 oregon barred successful the U.S. connected nationalist information grounds, but Trump moved unilaterally to widen the deadline to this weekend, arsenic helium sought to negociate an statement to support it running. Trump has precocious entertained an array of offers from U.S. businesses seeking to bargain a stock of the fashionable societal media site, but China’s ByteDance, which owns TikTok and its closely-held algorithm, has insisted the level is not for sale.

“My Administration has been moving precise hard connected a Deal to SAVE TIKTOK, and we person made tremendous progress,” Trump posted connected his societal media platform. “The Deal requires much enactment to guarantee each indispensable approvals are signed, which is wherefore I americium signing an Executive Order to support TikTok up and moving for an further 75 days.”

Trump added: “We look guardant to moving with TikTok and China to adjacent the Deal.”

TikTok, which has office successful Singapore and Los Angeles, has said it prioritizes idiosyncratic safety, and China’s Foreign Ministry has said China’s authorities has ne'er and volition not inquire companies to “collect oregon supply data, accusation oregon intelligence” held successful overseas countries.