Overview

• President Trump extended the deadline for ByteDance to divest TikTok’s U.S. operations to June 19, 2025, to avoid an app ban.
• Despite reports suggesting the deal is unlikely, Trump stated the divestiture plan remains ‘on the table’ but hinges on Chinese cooperation.
• The proposed deal would create a U.S.-based entity for TikTok, majority-owned by U.S. investors, to address national security concerns.
• Chinese government approval remains a major obstacle, with the CCP reportedly unwilling to sell TikTok’s U.S. operations.
• U.S. Senators have raised concerns over the legal authority to extend the deadline and whether the proposed arrangement sufficiently mitigates security risks.