TikTok Ban Extension Looms: Trump Administration’s Third Delay
The potential prohibition of tiktok in the United States faces another delay, as former President Donald Trump reportedly planned to extend the deadline by 75 days. This marks the third such extension since he left office in January.
Stalled Negotiations and the Need for Respite
With the second extension set to expire on June 19, and no apparent progress in negotiations with China, TikTok seemingly required this third extension to maintain its operations within the U.S.
The initial attempt to ban TikTok in the U.S. was based on laws designed to protect against foreign adversaries. However, the Trump administration’s Department of Justice reportedly failed to fully comply with the legal requirements at the time.
The Quest for American Ownership
Since January, efforts have been underway to shift TikTok’s operational control from its Chinese parent company to American ownership. Several entities and individuals have been considered as potential buyers.
- Oracle
- Matlexity
- Amazon
- Jimmy Donaldson (MrBeast)
- Kevin O’Leary (Shark Tank)
- Jessie Tinsley (employer.com founder)
- Frank McCourt
Geopolitical Hurdles
Approval from China is necessary for any deal involving TikTok’s ownership transfer. However, cooperation from the chinese government has been hindered by ongoing trade tensions, largely stemming from tariffs imposed by the Trump administration on Chinese goods.
TikTok remains available for download. The timeline for a potential U.S. takeover remains uncertain, but these extensions suggest the app will remain available, at least for now.