Trump Blames China for TikTok Sale Stalemate Over U.S. Tariffs
The deadline for ByteDance to sell TikTok's U.S. operations has been extended to June 19, 2025, as Chinese authorities and ByteDance resist the sale.
- Donald Trump accused China of blocking a deal to sell TikTok's U.S. operations, citing newly imposed 34% tariffs on Chinese imports as a key factor.
- The 2024 U.S. law requires ByteDance to divest TikTok's U.S. operations or face a ban, with the latest deadline now extended to June 19, 2025.
- Both ByteDance and Chinese authorities have yet to approve any sale, with algorithm control and data access concerns remaining contentious issues.
- Potential buyers, including Frank McCourt's Project Liberty and Perplexity AI, are in discussions, but no agreement has been reached.
- TikTok's future in the U.S. remains uncertain, as the platform serves 170 million American users and is a focal point in ongoing U.S.-China tensions.