Overview
- Trump issued a decree on June 19 extending the deadline for ByteDance to sell TikTok’s US operations by 90 days to September 17, 2025.
- This marks the third reprieve after two previous extensions of 75 days each expired without a finalized sale agreement.
- US legislation mandates divestiture or a ban over fears that the Chinese government could access user data or manipulate public opinion.
- Prospective buyers must be free of Chinese government or ByteDance control and obtain approval to acquire TikTok’s algorithm, a process complicated by China’s export regulations.
- TikTok thanked Trump for keeping the platform available to more than 170 million American users and emphasized the need to safeguard their data during negotiations.