Summary
President Donald Trump has given TikTok an additional 90 days to find a buyer in the United States. This extension delays the enforcement of a law requiring TikTok to be sold or face a ban due to national security concerns. The new deadline for the sale is September 17.
Key Facts
- President Trump extended the deadline for TikTok's sale in the US by another 90 days.
- A US law requires TikTok to sell its US operations or be banned because of national security worries.
- TikTok's parent company is ByteDance, based in China.
- TikTok must find a US buyer by September 17, according to Trump.
- Trump signed an executive order delaying the enforcement of the law for a third time.
- The US government is concerned that TikTok might share user data with the Chinese government.
- Any potential sale of TikTok will likely need approval from authorities in Beijing.
- TikTok has over 170 million users in the United States.
