Trump delays Tiktok Ban again

The initial period of 75 days of Donald Trump against the execution of the law on the ban on Tiktok would have expired this weekend, but on Friday, he announced on Truth Social that “I sign an executive decree to maintain operational Tiktok for 75 additional days.”

This week, Trump announced new taxes on products in the United States, including a rate rate of 34% against China. He said he would plan to reduce this rate in exchange for China accepting a tiktok agreement, but that the deadline is closer, Trump decided to extend the delay instead of arresting the Tiktok application.

Despite several offers announced publicly to buy Tiktok, its Chinese owner, Bytedance, has shown no tendency to sell or reduce its participation in the company as required by law last year. After the announcement of the delay, Bytedance publicly commented on the talks of the agreement for the first time, without specifying which “key questions” should be resolved before a potential solution could be found.

Bytedance was in discussion with the US government concerning a potential solution for Tiktok US An agreement has not been executed. There are key questions to be resolved. Any agreement will be subject to approval under Chinese law.

Later Friday, the Associated Press City of anonymous sources in a report indicating that sources from the White House had believed that they were approaching an agreement this week, until the Chinese government said that it would not approve the arrangement without trade on trade and prices.

Currently, the interested parties that have been reported include Oracle, Blackstone, Frank McCourt, Amazon, Applovin and Perplexity, among others.

After its inauguration, Trump signed a decree indicating the Attorney General and the Ministry of Justice of “… taking no measure to enforce the law or impose penalties against any entity for any non-compliance with the law.” But with the law still on books after the Supreme Court refused to delay it and with the risk of billions of dollars in penalties, the application took almost a month to return to American application stores before being apparently satisfied by AG insurance.

Until we heard more about any potential transaction that could really be used to delay the law as it is written, it is probably a good idea to keep your Tiktok application up to date in case its announcements disappear again.

My administration worked very hard on an agreement to save Tiktok, and we have made huge progress. The agreement requires more work to ensure that all the necessary approvals are signed, which is why I point out an executive decree to maintain operational Tiktok for 75 additional days. We hope to continue working in good faith with China, which, I understand, are not very satisfied with our reciprocal prices (necessary for fair trade and balanced between China and the United States!). This proves that prices are the most powerful and very important economic tool for our national security! We don’t want Tiktok to “go dark”. We look forward to working with Tiktok and China to conclude the agreement. Thank you for your attention to this question!

Update, April 4: Addition of the bytedance instruction and a report by the Associated Press.