TikTok’s Chinese parent company, ByteDance, faced an April 5 deadline to sell its stake in the app or else be banned in the U.S. after Trump extended an earlier January deadline set by Congress last year.Trump announced on social media Friday afternoon that he was signing a second executive order to extend the deadline another 75 days following reports of a deal with China falling through due to Trump’s tariffs. USA TODAY notes this extension seeks to give the White House additional time to persuade the Chinese government to approve an agreement that the Trump administration hoped would allow the social media app to continue operating in the U.S. A deal had allegedly been reached to move TikTok’s operations in the United States to a new company based in America. The new entity would have been owned and operated by a majority of American investors, the person said, with ByteDance holding a minority position. Will Tiktok get banned ?
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