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Dhaka     Tuesday   15 April 2025

Trump gives TikTok another 75 days

News Desk || risingbd.com

Published: 15:23, 5 April 2025  
Trump gives TikTok another 75 days

United States President Donald Trump on Friday gave TikTok an additional 75 days to reach a deal with US companies to divest from China’s ByteDance and continue operating within the US.

“My Administration has been working very hard on a Deal to SAVE TIKTOK, and we have made tremendous progress. The Deal requires more work to ensure all necessary approvals are signed, which is why I am signing an Executive Order to keep TikTok up and running for an additional 75 days,” he said through Truth Social.

Trump added he hoped to continue working “in good faith with China. We do not want TikTok to ‘go dark.’ We look forward to working with TikTok and China to close the deal,” he wrote on Truth Social.

The president also stressed Beijing’s unease with the tariffs imposed on the Asian giant.

“This proves that Tariffs are the most powerful Economic tool, and very important to our National Security!,” he said.

On Thursday, Trump said he’d be willing to grant China tariff relief if Beijing agreed to a deal to divest ByteDance from TikTok in the US.

The app faced a Saturday deadline to separate from its Chinese founder company in the US.

Under the presidency of Democrat Joe Biden (2021-2025), a law was passed requiring TikTok to find an investor from a country not considered an “adversary” by January 20, when Trump took office.

As no agreement was reached, the app stopped working in the US for a few hours until the Republican signed an executive order on his first day in the White House granting a 75-day extension, a deal that would have expired on Saturday but has just been extended.

Trump said on Thursday that TikTok had “several” interested investors, but did not name them. According to US media, Amazon, Oracle and the founder of OnlyFans are leading the race to acquire the popular app._Agencies

Dhaka/AI