Trump has claimed that his administration is working hard on a deal to "save TikTok", Image: The White house
President Donald J. Trump has claimed that his administration is working hard on a deal to “save TikTok,” with “tremendous progress” made as of April 5, 2025.
This follows a 2024 law signed by President Joe Biden, which ordered TikTok’s Chinese parent company, ByteDance, to sell its U.S. operations by January 19, 2025, due to national security concerns, a deadline Trump extended twice, first by 75 days upon taking office, and again on April 4, 2025, pushing it to June 18, 2025.
The proposed deal involves a group of U.S. investors, possibly including Oracle and Blackstone, taking majority control of TikTok’s U.S. operations, with ByteDance retaining a minority stake.
However, China has stalled progress by tying its approval to broader trade negotiations, a response to Trump’s announcement of a 34% tariff increase on Chinese goods.
Trump remains optimistic, aiming to keep TikTok operational in the U.S. while balancing security concerns, though ByteDance says key issues remain unresolved.
On August 19, 2025, President Donald Trump criticized the Smithsonian Institution on Truth Social, calling it "OUT OF CONTROL" for…
On August 19, 2025, the Centers for Medicare and Medicaid Services (CMS) introduced a policy requiring states to conduct monthly…
On August 16, 2025, Nathalie Rose Jones, a 50-year-old woman from Lafayette, Indiana, was arrested in Washington, D.C., and charged…
Trump administration has escalated a contentious dispute by threatening to withhold federal funding from five Northern Virginia school districts—Prince William,…
On August 15, 2025, U.S. President Donald J. Trump met Russian President Vladimir Putin in Anchorage, Alaska, for a nearly…
The Alaska summit on August 15, 2025, between U.S. President Donald Trump and Russian President Vladimir Putin at Joint Base…
This website uses cookies.