Trump extends the Tiktok -Time Deadline in the middle of the fight to find the buyer

Miami, Florida – President Donald Trump On Friday, the deadline extended for Tiktok Finding a non-Chinese buyer or meeting a ban in the United States, which means that 75 days find a solution.

“My administration has worked very hard with a deal to save Tiktok, and we have made huge progress,” Trump said on Truth Social, just a few hours before the deadline would expire.

“A transaction requires more work to ensure that all necessary approvals are signed, which is why I sign an executive order to keep TikTOK running for another 75 days.”

The extremely popular video sharing app, which has more than 170 million American users, is threatened by an American law that was adopted overwhelming last year and orders TikTok to divide from its Chinese change of ownership or Turn off in the US.

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Trump has insisted on his administration is close to a deal to find a buyer For Tiktok and prevent it from shutting down that would involve several investors, but have given few details.

Motivated by national security fear and faith in Washington that TikTok is governed by the Chinese government the ban came into force on January 19, one day before Trump’s inauguration.

In hours before that deadline, tictok temporarily close In the United States and disappeared from app stores, to concern for millions of users.

But the Republican President quickly announced a first 75-day delay and TikTok thereafter Restored service to usersReturns to Apple and Google app stores in February.

The new 75-day reservation shoots the deadline for June 19.

Trump has repeatedly Downloaded risks That TikTok is in danger and says he remains sure to find a buyer for the app’s American operations.

The president added on Friday that he would “continue to work in good faith with China”, whose government will have to log out on the transaction.

The president suggested that TikTok could even be part of a broader agreement with China to facilitate the stinging customs He forced Beijing as part of a worldwide fees.

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“We don’t want Tiktok to” get dark. “We look forward to working with Tiktok and China to end the deal, he added.

According to reports, the solution in the works would see existing US investors in Bytadance role over their efforts to a new independent global TikTok company.

Additional US investors, including Oracle and Blackstone, the private equity company, would be conducted to reduce the exchange share.

Much of Tiktok’s American activity is already housed on Oracle servers, and the company’s chairman, Larry Ellison, is a long -term Trump ally.

ABC News reported on Friday that Walmart was also in the mix.