financetom
Business
financetom
/
Business
/
Trump says he signed order extending deadline for TikTok closing
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trump says he signed order extending deadline for TikTok closing
Jun 19, 2025 9:30 AM

WASHINGTON (Reuters) -U.S. President Donald Trump said on Thursday that he extended the June 19 deadline for China-based ByteDance to divest the U.S. assets of short-video app TikTok for 90 more days.

"I've just signed the Executive Order extending the Deadline for the TikTok closing for 90 days (September 17, 2025)," he said in a Truth Social post, which included a copy of the document.

Trump had already twice granted a reprieve from federal enforcement of a law that mandated the sale or shutdown of TikTok that was supposed to take effect in January.

Trump has said he wants to keep the app, which helped him woo young voters in the 2024 presidential election, active. He has also expressed optimism that Chinese President Xi Jinping would approve a deal that preserves the app in the United States.

TikTok said in a statement that "we are grateful for President Trump's leadership and support in ensuring that TikTok continues to be available for more than 170 million American users and 7.5 million U.S. businesses that rely on the platform as we continue to work with Vice President (JD) Vance's office."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
EU, China close to agreement over EV import tariffs, leading MEP says
EU, China close to agreement over EV import tariffs, leading MEP says
Nov 22, 2024
FRANKFURT (Reuters) -Brussels and Beijing are nearing a solution over tariffs on Chinese electric vehicle imports into the bloc, the chair of the trade committee of the European Parliament told a German broadcaster. We are close to an agreement: China could commit to offering e-cars in the EU at a minimum price, Bernd Lange told n-tv, without elaborating. This would...
UMB Financial's Heartland Acquisition to Provide 'Attractive Synergies,' RBC Capital Markets Says
UMB Financial's Heartland Acquisition to Provide 'Attractive Synergies,' RBC Capital Markets Says
Nov 22, 2024
03:02 PM EST, 11/22/2024 (MT Newswires) -- UMB Financial's ( UMBF ) acquisition of Heartland Financial (HTLF) will provide attractive synergies and growth opportunities once it closes in early 2025, RBC Capital Markets said in a note Friday. The Heartland acquisition is expected to add around $65 billion to the company's balance sheet in pro-forma assets, while simultaneously strengthening and...
EU, China close to agreement over EV import tariffs, leading MEP says
EU, China close to agreement over EV import tariffs, leading MEP says
Nov 22, 2024
FRANKFURT, Nov 22 (Reuters) - Brussels and Beijing are nearing a solution over tariffs on Chinese electric vehicle imports into the bloc, the chair of the trade committee of the European Parliament told a German broadcaster. We are close to an agreement: China could commit to offering e-cars in the EU at a minimum price, Bernd Lange told n-tv, without...
Professional Diversity Network Regains Nasdaq Compliance Over Minimum Equity Requirement; Shares Gain
Professional Diversity Network Regains Nasdaq Compliance Over Minimum Equity Requirement; Shares Gain
Nov 22, 2024
03:07 PM EST, 11/22/2024 (MT Newswires) -- Professional Diversity Network ( IPDN ) shares were rallying Friday after the operator of networks said it has regained compliance with a rule requiring companies listed on the Nasdaq Capital Market to maintain a minimum net worth of at least $2.5 million. Nasdaq regulators in May warned the company that its shares risked...
Copyright 2023-2026 - www.financetom.com All Rights Reserved