
BBC News, Toronto
Getty imageUS President Donald Trump has approved Tiktok for an extension of the 75 -day extension to Tiktok’s laws to sell US operations or to comply with the laws to face prohibitions in the United States.
Trump says, “We don’t want Teak talk to ‘dark place’.” We look forward to finishing the deal in cooperation with Tiktok and China. “
Trump’s first extension was approved after he took office in January and will expire on Saturday.
The social media platform, which has more than 170 million users in the United States, must be closed in the United States according to the law passed by Congress unless the buyer is found.
In Friday statement, BYTEDANCE is discussing with the Trump administration, but “the contract has not been implemented.”
The spokesman said, “There is a major problem to be solved. All contracts will be approved according to Chinese law.”
Former US President Joe Biden’s administration argued that China could use Tiktok as a tool for spy and political manipulation.
Last year, the Congress passed the six -month laws of two -month laws to sell Tiktok’s stake or to see an app blocked in the United States.
The opposers of the ban cited freedom of speech because of the opening of the platform.
The Trump administration tries to broker the deal to bring a social media platform under the ownership of the United States and to broker the transaction to continue to operate the popular apps in the United States.
Trump wrote about his truth social platform on Friday.
The Tiktok trading was almost completed on Wednesday, but the same day, Trump collapsed after the announcement of global tariffs including China.
The Edo Representatives informed the White House and informed that China would no longer approve the transaction if China could not negotiate tariffs.
An unnamed source said it plans to sign a 120 -day command for Trump to close the transaction, allowing time to finish the documents and secure money.
The agreement was approved by existing investors, new investors, esk and the US government, but China withdrew after Trump imposed a global income tax.
The Chinese Embassy of Washington, DC, said in a statement that he opposed the practice of violating the basic principles of the market economy.
China is facing a total tariff of 54%of products imported into the United States and retaliated with 34%opposing tariffs.
According to the report, Tiktok’s potential buyers have recently grown recently.
According to the BBC’s US partner CBS, Amazon proposed at the last minute to acquire the platform in the White House.
Other potential buyers are included with the billionaire Frank McCourt with Canadian businessman Kevin O’Leary. Alexis Ohanian, who co -founded Reddit, said he joined McCourt’s bidding.
Computing giant Microsoft, private equity funds, big blackstone, venture capital firms Andressen Horowitz and Search Engine Perplexity AI are also known to run for steaks.
Trump said his administration had contacted four separate groups interested in Tiktok transactions, but he did not name it.
JD Vance Vice President is leading the administration’s efforts to find a buyer.
The president also suggested that the United States may propose a deal to agree to approve Tiktok sales in return for China’s tariffs on imports of China’s imports.
Trump said of the truth society: “We hope to work faithfully with China, who understands that we are not happy with mutual tariffs.
He added that trade is “the most powerful economic tool and everything that is important to national security is important.”









