Overview

• President Trump extended the deadline for TikTok's Chinese owner, ByteDance, to divest its U.S. operations by 75 days, pushing the new deadline to mid-June 2025.
• Trump linked the TikTok sale to broader U.S.-China trade negotiations, suggesting a potential reduction in tariffs to facilitate a deal.
• China reportedly rejected a near-final agreement on TikTok's sale due to the U.S.'s recent tariff increases, further complicating negotiations.
• Apple confirmed TikTok will remain available on its App Store during the extended deadline period, following assurances from Attorney General Pam Bondi.
• ByteDance acknowledged ongoing talks with the U.S. government but warned that key issues, including Chinese regulatory approval, remain unresolved.