TikTok US Sale Deadline Extended to December Following Ministerial Talks
MADRID – The potential sale of TikTokS US operations has received a further extension, wiht a new deadline set for December, following a two-day ministerial consultation between the United States and China held in Madrid, Spain, this week. the agreement, reached on September 15th, paves the way for a final confirmation from former President Donald Trump in a scheduled phone call with Chinese President Xi Jinping on September 19th.
The continued negotiations center on addressing US national security concerns surrounding TikTok’s Chinese ownership. The delay offers both parties additional time to finalize details of a deal that would allow TikTok to continue operating in the US market, impacting over 170 million American users and a significant portion of the digital advertising landscape. The framework of the agreement builds upon previous discussions and aims to establish safeguards for user data and algorithmic transparency.
Prior to these talks,a deal had been anticipated,but complexities surrounding data security and potential Chinese government influence required further deliberation. The extension to December provides a critical window for both governments to navigate these challenges and possibly avert a ban of the popular video-sharing app within the United States.
