Overview

• President Trump has extended the deadline for ByteDance to divest TikTok's U.S. assets by 75 days, with the new deadline set for mid-June 2025.
• Negotiations have stalled as the Chinese Communist Party and ByteDance refuse to sell, citing the strategic value of TikTok's data and influence.
• Trump's recent increase in tariffs on Chinese imports to 125% has further complicated the deal, with China reportedly altering terms in response.
• U.S. lawmakers, including Senators Mark Warner and Tom Cotton, have criticized the extensions and questioned the legal authority and national security adequacy of the proposed deal.
• The TikTok saga highlights broader global tensions over technological nationalism, as governments increasingly use digital platforms as tools in trade and geopolitical disputes.