Trump considers extending TikTok deadline, aims for deal
Investing.com -- U.S. President Donald Trump recently indicated that the 75-day delay he had previously imposed on enforcing a ban on TikTok, the popular short-video app, might be extended. The President made this statement on Thursday in the Oval Office, expressing his ongoing hope to strike a deal that would keep TikTok operational in the U.S.
The President also suggested that he aims to create conditions which would make it beneficial for China to approve a sale of TikTok, stating, "It will be to China's advantage" to approve. Trump has previously expressed his interest in a partnership with ByteDance in order to allow the U.S. to continue using the app.
The ban on TikTok was upheld by the Supreme Court on January 17. The law was enacted with the intention of preventing China, identified as a foreign adversary, from using its control over ByteDance, the parent company of TikTok, to gather personal data from U.S. TikTok users.
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