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Home » Trump Extends TikTok Deadline After Tariffs Complicate Sale to U.S. Investors

Trump Extends TikTok Deadline After Tariffs Complicate Sale to U.S. Investors

News Desk by News Desk
1 year ago
in Tech News
Reading Time: 2 mins read
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Trump Extends TikTok Deadline After Tariffs Complicate Sale to U.S. Investors

April 5, 2025 — Just as TikTok was facing the threat of a U.S. ban, President Donald Trump stepped in with a 75-day extension, offering ByteDance more time to finalize a sale of the popular app to American investors. The short-form video platform, widely used by younger audiences, remains in limbo as geopolitics and trade tensions continue to shape its fate.

  • Background: The TikTok Tug-of-War
  • Trump’s New Executive Order
  • Who’s in the Running to Buy TikTok?
  • What’s Next?

Background: The TikTok Tug-of-War

TikTok, owned by China-based ByteDance, has long faced scrutiny from U.S. lawmakers over concerns about data privacy and potential Chinese government influence. The central fear is that ByteDance could be forced to hand over sensitive user data to the Chinese Communist Party or manipulate content to influence public opinion.

In 2023, a law signed by then-President Joe Biden gave ByteDance until January 19, 2025, to divest from TikTok. However, Trump’s executive order on his second Inauguration Day gave the app a 75-day grace period, shielding it from DOJ action until April 5. With no sale finalized, TikTok was set to go dark—until yesterday.

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Trump’s New Executive Order

In a move announced via his Truth Social account, President Trump extended the deadline by another 75 days, pushing the cutoff to mid-June 2025. The decision comes amid reports that a deal was close, but ultimately collapsed after the administration imposed a 54% tariff increase on Chinese imports—prompting Beijing to halt approval for the sale.

Who’s in the Running to Buy TikTok?

Several major U.S. players have shown interest in acquiring TikTok’s U.S. operations, including:

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  • Oracle
  • Amazon
  • AppLovin
  • Walmart

A previously proposed deal would have handed majority ownership to U.S. investors while allowing ByteDance to retain a minority stake. But that plan was derailed amid rising trade tensions.

What’s Next?

TikTok now has 75 more days of breathing room in the U.S. As political negotiations continue, the extension gives ByteDance and potential American buyers another opportunity to secure a deal that aligns with national security concerns and regulatory approval—without losing TikTok’s massive U.S. audience.

For now, TikTok fans can continue to use the app—but its future remains uncertain, hanging in the balance of global diplomacy and shifting trade dynamics.

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