President Donald Trump announced on Friday that his administration will delay the enforcement of a U.S. law requiring TikTok’s Chinese parent company, ByteDance, to divest its U.S. operations. The move extends the deadline by 75 days, pushing it to June 18, as discussions continue to determine TikTok’s future in the United States.
The law, passed in 2024 with bipartisan support, mandates ByteDance to sell TikTok to non-Chinese owners or face a nationwide ban. Lawmakers and national security experts have raised concerns over TikTok’s data collection practices and ties to the Chinese government, citing the app as a potential risk. ByteDance has pushed back, emphasizing that 60% of its ownership lies with global institutional investors, 20% with its Chinese founders, and the remaining 20% with employees, including those in the U.S.
Simone Biles accidentally reveals her husband’s actions in the bathroom mirror in TikTok video
In his post on Truth Social, Trump expressed optimism about progress made toward securing an agreement that would ensure TikTok’s continued operation in the U.S. “My Administration has been working very hard on a Deal to SAVE TIKTOK, and we have made tremendous progress,” Trump wrote. “We do not want TikTok to ‘go dark.’ We look forward to working with TikTok and China to close the Deal.”
ByteDance confirmed that negotiations with U.S. officials are ongoing but noted that any deal would require approval under Chinese law. A key sticking point remains TikTok’s content-recommendation algorithm, which the U.S. law bars from being controlled by ByteDance but is critical to the app’s functionality. China has opposed any sale involving the algorithm, further complicating negotiations.
It looks like everything is on the right track
Reports suggest that an agreement to spin off TikTok’s U.S. operations into a new company, majority-owned by American investors such as Oracle or Blackrock, with ByteDance retaining less than a 20% stake, was close to being finalized earlier this week. However, the deal hit a roadblock after Trump announced steep tariffs on Chinese goods, prompting Beijing to withhold approval. The tariffs have also spurred financial market volatility, further raising the stakes for the administration.
As the June deadline approaches, TikTok’s future remains uncertain. The app briefly shut down in January following legal challenges but resumed operations after assurances from Trump that the ban would not be enforced while negotiations continued. ByteDance has described its discussions with the U.S. government as “constructive” but acknowledged unresolved issues.
Potential investors such as Oracle, which already hosts TikTok’s U.S. user data, and Amazon have reportedly expressed interest in acquiring TikTok’s U.S. operations. With multiple parties involved and diplomatic tensions high, the coming weeks will be critical in determining whether TikTok avoids a ban and secures a path forward in the American market.
Trump’s decision to delay enforcement reflects the broader complexities of U.S.-China relations, blending national security concerns with economic and political challenges. As the June 18 deadline looms, all eyes will be on Washington and Beijing as they seek a resolution to one of the most contentious tech disputes in recent history.
This news was originally published on this post .
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