Trump to extend TikTok sale deadline for third time, says White House
Earlier on Tuesday, he had told reporters on Air Force One he expected to again extend the deadline.
"Probably, yeah," Trump said when asked about extending the deadline. "Probably have to get China approval but I think we'll get it. I think President Xi will ultimately approve it."
The law required TikTok to stop operating by January 19 unless ByteDance had completed divesting the app's US assets or demonstrated significant progress toward a sale.
Trump began his second term as president on January 20 and opted not to enforce it. He first extended the deadline to early April, and then again last month to June 19.
In March, Trump said he would be willing to reduce tariffs on China to get a deal done with TikTok's Chinese parent ByteDance to sell the short video app used by 170-million Americans.
A deal had been in the works this spring that would spin off TikTok's US operations into a new US-based firm and majority-owned and operated by US investors, but it was put on hold after China indicated it would not approve it following Trump's announcements of steep tariffs on Chinese goods.
Democratic senators argue that Trump has no legal authority to extend the deadline, and suggest that the deal under consideration would not meet legal requirements.
Reuters
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