Overview

• President Trump signed an executive order granting TikTok an additional 75 days to finalize a deal with U.S. investors, moving the deadline to mid-June 2025.
• ByteDance, TikTok's Chinese parent company, has not confirmed its willingness to sell, while Chinese officials oppose the transfer of TikTok's proprietary algorithm technology.
• Negotiations involve multiple U.S. investors, including Oracle, Blackstone, and Amazon, though no agreement has been reached.
• Trump linked the TikTok sale to broader U.S.-China trade negotiations, suggesting potential tariff reductions if a deal is approved by Beijing.
• TikTok remains a major platform in the U.S. with 170 million users, emphasizing the high stakes for cultural, economic, and national security interests.