The President Donald Trump left open the possibility of extending the term to Tiktok to get rid of its Chinese matrix bytedance if you do not want to stop operating in the United States.
“Surely it can be expanded, but we will see,” said the president when consulted in the Oval Office of the White House.
However, he considers that “it is not necessary” since “there are a lot of interested people” in buying the social network.
“People have realized that (Tiktok) is very popular, and although we will probably need the approval of China, I think it will be interested because it benefits it,” “ commented.
It is worth adding that on his first day as a president, Trump signed an order that postponed 75 days the entry into force of a federal law that orders Bytedance to leave Tiktok so that the app can continue to function in the American giant.
In April 2024, the law was given to the law that gave Bytedance a period of nine months to sell its operations in the United States and sell a buyer who was not an adversary.
Even Trump signed an executive order that instructed the Treasury and Commerce departments to create a “Sovereign Fund” that could acquire the multimedia platform. In Trump’s opinion, Microsoft would be in conversations to buy Tiktok.
Source: Gestion
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