U.S. President Donald Trump said on Thursday that he does not plan to extend a deadline for ByteDance to sell TikTok's U.S. business, with the process still mired in uncertainty.
BEIJING - U.S. President Donald Trump said on Thursday that he does not plan to extend a deadline for ByteDance to sell TikTok’s U.S. business, with the process still mired in uncertainty.
The first order, banning U.S. companies from transacting with the Chinese company or its subsidiaries, stipulated a Sept. 20 deadline. The second, with a deadline of Nov. 12, demands that Bytedance sell TikTok due to national security concerns. The Trump administration does not want ByteDance to have any continued interest in TikTok, and for a tech company to be the lead investor in the short video app.
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