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Trump’s China Deal Failure Leads to Another TIKS Ban

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.

Did you know? The original ban stemmed from concerns over data security and potential foreign influence, specifically citing laws protecting against foreign adversaries.

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.

Pro Tip: Keep your TikTok app updated! Even with the ban looming,updates frequently enough include security patches and new features.

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.

Frequently Asked Questions

Why was TikTok facing a ban in the U.S.?
Concerns over data security and potential influence from the Chinese government.
What is the current status of the ban?
The ban has been repeatedly delayed through extensions.
Who are potential buyers of TikTok?
Several companies and individuals,including Oracle,Amazon,and MrBeast,have been considered.
Why is China involved in the deal?
China’s approval is required for any transfer of ownership involving TikTok.

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