Not that an official deal has been announced today.
The TikTok banwas signed into lawin the spring of 2024 under former President Biden on national security grounds.
It mandated that TikTok’s parent company, ByteDance, sell the app to a U.S. entity.
Several reports have suggested that President Trump could extend the deadline if no deal is reached.
We’re following all the news live about TikTok’s future.
However, things have changed somewhat as Trump has indicated that he will extend the deadline if needed.
Meanwhile, there have been a number of potential buyers interested in acquiring the service.
“We have a lot of potential buyers.
Theres tremendous interest in TikTok, Trump said.
Id like to see TikTok remain alive.”
We’ll be following the events as they happen and bringing you the latest updates right here.
Another extension?
Could the same thing happen again?
Vance and Commerce Secretary Howard Lutnick.
And in case the worst happens, we’re also on Instagram and YouTube posting Reels and Shorts too!
What happened in January?
Which would be interesting, to say the least.
The bill passed with bipartisan support last year.
If you should probably know more, here’sa full timeline.
JD Vance confident of a deal
According to Vice President J.D.
Vance, a deal will be made before tomorrow’s deadline.
“I think that we’re in a good place,” Vance said in an interview withFox Newsyesterday.
“We’re going to keep on working at it.”
We have a lot of potential buyers," Trump said on March 30.
“Theres tremendous interest in TikTok”.
But did you know that the app has recently unveiled some new security features of its own?
Security Checkup is TikToks latest security feature, acting as a centralized hub for managing account security options.
Here’s how to use it.
How much is TikTok worth?
As you might expect, the company won’t come cheap.
The fine is reportedly set to be issued against TikTok before the end of the month.
Will ByteDance actually sell TikTok?
No public commitment to allow a sale has been issued from Beijing.
Once again, like in January,ByteDance may just let TikTok go darkinstead of selling.
Will tariffs factor in?
A big chunk of American and Chinese economic spending is via goods imported from China to the US.
Trump has implied that countries who give him “phenomenal” deals might get some of the tariffs reduced.
Now the company has until June 19 to finalize any actual “deals” that may be in progress.
What happens now?
)," the post reads.
There are key matters to be resolved.
Any agreement will be subject to approval under Chinese law,“Reutersreports.
President Donald Trump has said his administration was in touch with four different groups about a prospective TikTok deal.
Apparently, China said it would not approve the deal following the tariffs announcement.
On Wednesday, the deal was apparently approved by existing and new investors, ByteDance and the U.S. government.
According to aThe Hill report, Trump was speaking to reports and provided a hypothetical example.
The tariffs give us great power to negotiate.
Ive used them very well in the first administration.
Now were taking it to a whole new level, Trump said.
Trump denied this was actually happened when pressed about his statement.
“No Im just using that as an example,” he said.
