Donald Trump extends Tiktok deadline with a ‘big message’ for China: I understand …

TikTok gets another extension, and again for 75 days. The US President Donald Trump extended the deadline for ByteDance to divest TikTok’s U.S. assets by 75 days. This move delays a potential ban initially slated for January under a 2024 law. The new Trump order will set a mid-June deadline for a deal.

The extension comes amid ongoing negotiations for a restructuring plan. This plan involves major non-Chinese ByteDance investors increasing their stakes and acquiring TikTok’s U.S. operations, creating a separate U.S. entity. The goal is to reduce Chinese ownership below the 20% threshold required by U.S. law, thereby avoiding a ban.