Overview
- President Trump announced his willingness to extend the June 19 deadline for ByteDance to divest TikTok's U.S. operations if a deal isn't finalized by then.
- TikTok remains operational under a previous extension, with ongoing negotiations involving U.S. investors such as Amazon, Oracle, and Microsoft.
- China's refusal to approve a divestment deal, citing U.S. tariffs, has stalled progress toward a resolution.
- Trump expressed a personal affinity for TikTok, crediting the platform for helping him connect with young voters during the 2024 election.
- Critics question the legality of further deadline extensions and whether proposed deals meet the law's requirements for full separation from Chinese ownership.