President Trump was awarded on Friday Tikhak Another postponing by announcing that it would extend the deadline when the popular application was to conclude a deal to be separated from its Chinese owner, by atedance, or a ban in the United States.
At Tiktok, who was facing a deadline for a deal on a deal, now another 75 days to find a new owner to comply with a federal law that requires his structure to solve national security concerns. This puts the new deadline for a deal in mid -June.
The second delay was for President Trump for Tikhak this year. It is first Temporary From the law in January, even after it was unanimously supported by the Supreme Court.
“The deal requires more work to ensure the signing of all the necessary approvals,” Mr. Trump wrote in a post on the social truth on Friday, adding, “We do not want to” do not want to “oppress.” He added that he is looking forward to “working with Tiktok and China” to close the deal and suggested that he consider using the application as a negotiating segment with China on models.
Mr. Trump’s latest behavior highlights the difficult nature of the dilemma with Tiktok, which endured years of scrutiny in the United States because of its Chinese relations. Although legislators and American officials have repeatedly raised over whether Tiktok is safe, the application has strengthened its role as cultural tyrant, with more than 170 million users in the country who use it to make memes and share videos.
The extension occurs at a particular time fraught with relations between the United States of China. This week, Mr. Trump imposed a 34 percent tariff on goods from China. On Friday, Beijing took 34 percent of the customs tariff for imports from the United States. Mr. Trump has Repeat over and over again It will reduce the definitions of China against its approval of the Tiktok deal.
The delay also renewed questions about Mr. Trump’s readiness to put his presidential authority before the rule of law. Federal Law, which aims to change TIKTOK ownership or application was banned last year with the support of the two parties on a large scale and is being implemented in January. But Mr. Trump has effectively overcome the law when it temporarily stopped enforcing that month.
Currently, there is one certain thing: Tiktok will continue to work in the United States in the foreseeable future. In January, the dark application became briefly while federal law entered into force, before returning to life.
Bytedance admitted on Friday for the first time that he participated in Tiktok negotiations with the US government.
“There are major things that must be resolved,” said by by an email. “Any agreement will be subject to approval under Chinese law.”
Follow the delay tense negotiations at the last minute and great attention from potential buyers. On Thursday, Vice President JD Vance, who was exploited by Mr. Trump to help with the deal talks, said recently that the deal was imminent. Amazon made an offerAnd Blackstone’s giant weight weighs a stake in Tiktok.
Many speculation has been focused in recent weeks on an option to stop full application. Instead, people close to the conversations Describe A deal in which current American investors in Bytedance are writing their shares in the new independent Global Tiktok.
They said that additional investors in the United States will be brought to reduce the percentage of Chinese investors, because the law does not call for no more than 20 percent of Tiktok or his mother company to be owned by people or companies in the so -called foreign discount countries, a list that includes China.
It is not clear whether this type of arrangement satisfies the law, or the policy makers who paid it.
“There is no ton that Congress can do,” said Alain Rosenchin, former National Security Adviser to the Ministry of Justice and a associate professor at the Faculty of Law at the University of Minnesota. “If Republicans and Democrats are interested, they can make this a legislative priority and sessions are taking place on this topic, but my feeling is that they have no significant impact or appetite.”
Fears about the ownership of Chinese Tiktok were brewing for years. Intelligence officials and legislators have argued that bytedance can hand over the sensitive American users data to Beijing, such as site information, based on the laws that allow the Chinese government to request a secret from Chinese companies and citizens for intelligence collection operations. They also claimed that China could use it Tiktok content recommendations To feed wrong information, a source of concern Escalate In the United States, after the start of the Israel War, Hamas and during the presidential elections.
Tiktok has long pushed Washington’s fears and has been seeking to address it without selling. She said she did not misuse data or publish advertising at the request of Beijing in the United States. However, despite the security efforts worth millions of dollars, which sought to give the US government a unique supervision of Tiktok, the company was unable to win the Washington Prize.
Lindsay Georman, Managing Director of the Technology Program at the German Marshall Fund and Technology Adviser within the Biden Administration, said the Trump administration’s support for the application was a victory for China.
She said: “This is the purest victory there – that a democratic state is supposed to be a nation of laws that refuse to implement it on pressure from a foreign government and the mediators of companies.”
the law Baby technology companies TIKTOK distribution or update at the threat of serious financial penalties. Apple and Google Tiktok removed their application stores for about a month until they received Assurances From the Ministry of Justice, they will not face fines to carry Tiktok in stores.
Legislators have suggested that these companies may face future shareholders’ claims, if they continue to distribute and host Tiktok in the United States under current management.
Akamai Technologies, a company based in Massachusetts that help in providing Tiktok videos to phones, recently updated risk factors in its annual file to indicate that “although President Trump has extended the deadline for implementation of a ban on the Chinese application, there is no guarantee that we will not be responsible.”
