GuShiio.com ① U.S. President Trump said that if a deal for TikTok cannot be reached in time, he may extend the ban deadline;
③ There are currently about four weeks left before the ban takes effect.
Cailian News, March 7 (Editor Liu Rui)On Thursday, U.S. President Trump said at a press conference that he would consider extending the ban on TikTok for a second time to prevent the upcoming ban from affecting millions of Americans who use the platform.
Trump may delay the ban again
On Thursday, when asked by reporters if he planned to extend the deadline for the TikTok ban if an agreement to acquire TikTok could not be reached in time, Trump replied:“Maybe, yes.”
“We are very interested in TikTok. China will play an important role, so hopefully China will approve the deal,”Trump said in the Oval Office.
Last year, the U.S. Congress passed a bill requiring TikTok’s parent company, ByteDance, to divest TikTok’s U.S. business, otherwise the platform will be banned on January 19 Eastern Time.
However, this day also happened to be the day before Trump was sworn in. About 12 hours after the platform ban took effect, newly appointed Trump issued an executive order to delay the implementation of the “sell or ban” bill by 75 days. According to the timetable set by Trump’s executive order, there are about four weeks left before the bill takes effect.
Last month, Trump expressed optimism that he believed ByteDance would reach a takeover deal with U.S. buyers before the ban took effect.
there is still one month
Asked on Thursday how long he could extend the negotiating window and whether his team was close to a deal, Trump said: “We’ll see and see.”
“Currently,We still have at least a month left, so we don’t need an extension,”Trump added.“But if I need an extension, I may extend it.”
Many buyers have expressed interest in acquiring TikTok’s U.S. subsidiary. These include a joint bid from YouTube top-rated celebrity MrBeast and former Los Angeles Dodgers owner Frank McCourt and “Smart Winner” star investor Kevin O’Leary.
Trump himself has said he is open to Musk or Oracle Chairman Larry Ellison acquiring TikTok.
In February, Trump also signed an executive order instructing government officials to establish a sovereign wealth fund. There has been speculation that this may be related to the acquisition of TikTok. According to reports, U.S. Vice President JD Vance and National Security Advisor Michael Walz are taking the lead in facilitating the acquisition of TikTok.
