What's Hot

    The Iran battle isn’t panicking traders — but. That’s about to vary. | Invesloan.com

    April 7, 2026

    Mercor Hit With 5 Contractor Lawsuits in a Week Over Data Breach | Invesloan.com

    April 7, 2026

    DOT Sec. Duffy sees “room” for extra airline M&A (DAL:NYSE) | Invesloan.com

    April 7, 2026
    Facebook Twitter Instagram
    Finance Pro
    Facebook Twitter Instagram
    invesloan.cominvesloan.com
    Subscribe for Alerts
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    invesloan.cominvesloan.com
    Home » Trump says he’ll ‘most likely’ give TikTok extension to keep away from ban | Invesloan.com
    Business

    Trump says he’ll ‘most likely’ give TikTok extension to keep away from ban | Invesloan.com

    January 18, 2025
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Unlock the White House Watch newsletter for free

    Your guide to what the 2024 US election means for Washington and the world

    President-elect Donald Trump said he would “most likely” extend the deadline for ByteDance, the Chinese owner of TikTok, to divest the video app which faces a nationwide ban that is set to come into effect on Sunday.

    In an interview with NBC News, Trump said he was considering issuing a 90-day extension to the deadline. His comments come one day after TikTok warned that its 170mn users would face an imminent blackout after the Supreme Court on Friday upheld the divest-or-ban law that Congress passed last year to address China-related national security concerns.

    “The 90-day extension is something that will be most likely done, because it’s appropriate,” Trump said. “We have to look at it carefully. It’s a very big situation . . . If I decide to do that, I’ll probably announce it on Monday.”

    On Friday, Trump said he had spoken to President Xi Jinping and discussed TikTok with the Chinese leader. Chinese state media said the two leaders had spoken but did not specify if TikTok was part of the conversation.

    The Biden administration on Friday said it would leave decisions about enforcement of the law, which comes into effect at midnight on Saturday eastern time, to the incoming Trump administration.

    Recommended

    Collage featuring a person wearing a mask and using a smartphone, the TikTok logo, a Taiwanese flag, Taipei 101, and a TikTok video of a plane on a red background

    That means the companies that provide the video platform — including Apple, Google and Oracle — have to decide whether to risk violating the law between the midnight deadline and Trump’s inauguration on Monday.

    Apple and Oracle declined to comment, while Google did not immediately respond.

    TikTok said statements from the Biden administration “failed to provide the necessary clarity and assurance to the service providers that are integral to maintaining TikTok’s availability to over 170 million Americans”.

    It also warned that the video app would “go dark” on January 19 unless the Biden administration “immediately provides a definitive statement to satisfy the most critical service providers assuring non-enforcement”.

    In an overwhelming bipartisan vote last March, Congress passed a law that required ByteDance to divest TikTok to avoid a nationwide ban on the app.

    Lawmakers and US security officials believe that Chinese ownership of the app poses a national security risk because it could be used for espionage and disinformation by the Chinese Communist party. TikTok has denied that the Chinese government has any influence over the app.

    In his first term, Trump issued an executive order to block TikTok from operating in the US, but it was stymied by the courts at the last minute. In early 2024, he came out in opposition to the congressional divest-or-ban measure on the grounds that it would help Facebook, which banned him from its social media platform for two years.

    Trump has appointed several China hawks who oppose Chinese ownership of TikTok to his administration, including Mike Waltz, a former green beret and Florida congressman, who will serve as national security adviser.

    Earlier this week, Waltz said the incoming administration would put “measures in place to keep TikTok from going dark”, saying the legislation allowed for an extension as long as a “viable deal” was on the table.

    Following the TikTok statement on Friday, Rush Doshi, a former senior Biden administration China official, wrote on X that the company only had itself to blame.

    “TikTok had 268 days to sell itself so it wasn’t operated by China. That would have solved everything. But they didn’t even try. China wouldn’t let them,” Doshi said.

    “Now, with time short, they want Biden to ignore a bipartisan law SCOTUS (Supreme Court of the US) upheld 9-0. If they shut down, it’s on them.”

    Additional reporting by Hannah Murphy and Michael Acton

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Keep Reading

    Does personal credit score have a credit score high quality drawback? | Invesloan.com

    Iran battle lifts K-defence firm providing low-cost Patriot rival | Invesloan.com

    Subscribe to learn | Invesloan.com

    Subscribe to learn | Invesloan.com

    Pandemic oil merchants are the GOATs | Invesloan.com

    Subscribe to learn | Invesloan.com

    Subscribe to learn | Invesloan.com

    Subscribe to learn | Invesloan.com

    India cuts telecom spectrum costs as operator curiosity dries up | Invesloan.com

    LATEST NEWS

    The Iran battle isn’t panicking traders — but. That’s about to vary. | Invesloan.com

    April 7, 2026

    Mercor Hit With 5 Contractor Lawsuits in a Week Over Data Breach | Invesloan.com

    April 7, 2026

    DOT Sec. Duffy sees “room” for extra airline M&A (DAL:NYSE) | Invesloan.com

    April 7, 2026

    Scranton Mayor Paige Cognetti faces scrutiny over border reversal | Invesloan.com

    April 7, 2026
    POPULAR

    China’s first passenger jet completes maiden commercial flight

    May 28, 2023

    Numbers taking US accountancy exams drop to lowest level in 17 years

    May 29, 2023

    Toyota chair faces removal vote over governance issues

    May 29, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!
    Facebook Twitter Pinterest WhatsApp Instagram
    © 2007-2023 Invesloan.com All Rights Reserved.
    • Privacy
    • Terms
    • Press Release
    • Advertise
    • Contact

    Type above and press Enter to search. Press Esc to cancel.

    invesloan.com
    Manage Cookie Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}