Overview

• President Donald Trump is set to sign an executive order granting TikTok a third extension and delaying a mandated sale or ban.
• The current sell-or-ban deadline under 2024 legislation upheld by the Supreme Court is June 19, 2025.
• The postponement coincides with a U.S. delegation led by Treasury Secretary Scott Bessent and trade officials meeting Chinese counterparts in London.
• Negotiations for U.S. investors, including Oracle, to assume majority control of TikTok were stalled earlier by Trump’s tariff disputes with China.
• TikTok remains a major U.S. platform with 135.8 million users, and its Beijing-based parent ByteDance continues to deny allegations of Chinese government surveillance.