Industry News

There was no “In Extremis” agreement: Trump grants Tiktok another 75 -day extension in the US.


Tiktok has been exhausted (for the second time) the deadline to comply with the provisions of federal law approved last year by the United States Congress, which forces the social network to change hands on US soil. However, the Bytedance subsidiary will not melt black on the other side of the puddle, since President Donald Trump has extended in another 75 days the period of grace that already granted Tiktok last January.

The president emphasizes that “huge progress” has been made in negotiations aimed at the purchase of Tiktok operations in the United States. «However, more time is needed. We hope to reach an agreement with Tiktok and China »says Trump.

In April 2024, the United States Congress approved a Federal Law that for national security reasons forced Bytedance, Tiktok matrix to detach himself from his business on American soil before January 19, 2025. Otherwise, the platform would be blocked throughout the territory. While Bytedance let that term pass without having reached an agreement aimed at its change in property, Trump decided to extend in 75 days the application of the federal norm aimed at the prohibition of Tiktok in the United States.

“The agreement needs to work more to ensure that all relevant authorizations are signed”points out the president of the United States. “We hope to continue working constructively with China that, as they have told me, is not too happy with our reciprocal tariffs,” Trump adds.

The conversations led by the White House about the future of Tiktok, a social network that uses approximately half of the population in the United States, are focusing on A plan under which non -Chinese investors in Bytedance are increasing their participations in the company to take the social network control in US soil.

Trump says he need more time to reach an agreement on the sale of Tiktok

The greatest obstacle with which an eventual agreement will run for the sale of the American business of Tiktok will be the approval of the transaction by Chinese government, that he has not yet given at any time he wants to give his approval of the operation.

Last week Trump was already open to reduce the tariff load on China if the Beijing Executive promised to give the green light for sale of Tiktok

That President Trump has decided to extend the moratorium granted to Tiktok in the United States is not, on the other hand, a strictly scrupulous measure in the legal level. The law «Protecting Americans from Foreign Adversary Controlled Applications Act»approved by Congress in April 2024, he speaks solely and exclusively of a 270 -day extension likely to be extended by the President on a single occasion in 90 days (and only if negotiations focused on the sale of Tiktok are really in an advanced phase).

The first period of grace that Trump granted to Tiktok in the United States did not respond clearly to the provisions of the norm and precisely for this reason Apple and Google initially refused to return to the social network again in their respective application stores. And only when it was clear that the law would not be applied by the United States government, Apple and Google fell to change their opinion.

In August 2020, during his first term as president of the United States, Trump signed an executive order aimed at the Tiktok prohibition in the United States If Byedance did not sell the social network to an American company. Under the subsequent mandate of Joe Biden at the head of the White House, the approach was changed and stopped promoting a mere prohibition of Tiktok to bet instead for broader measures directed against those foreign technological companies that can be contemplated as a threat to national security.



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