'TikTok deal was close, but China changed because of tariffs,' says Trump

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'TikTok deal was close, but China changed because of tariffs,' says Trump - Business Standard

Quick Summary:

The deal requires more work to ensure all necessary approvals are signed, which is why I am signing an Executive Order to keep TikTok up and running for an additional 75 days.

A ByteDance spokesperson said the TikTok parent company "has been in discussion with the US government regarding a potential solution for TikTok US.

While the law was initially scheduled to take effect in January, Trump announced he would postpone its enforcement in an effort to negotiate an agreement that would keep the app "alive.