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TikTok will not be going dark tomorrow for the over 135 million users of the social media app, thanks to Donald Trump.
Pummeled by bad news and a cratering stock market in response to his global tariffs unveiling on April 2 a.k.a. “Liberation Day,” POTUS typically tried to throw up a distraction with word that he toss aside the April 5 deadline he set and now give the ByteDance-owned platform until late June.
“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,” Trump posted just now in a break from golfing in Florida. “We hope to continue working in Good Faith with China, who I understand are not very happy about our Reciprocal Tariffs (Necessary for Fair and Balanced Trade between China and the U.S.A.!),” he added as rumors of various potential bidders like Amazon of Oracle boss and Trump pal Larry Ellison have been in the air all week.
Never one for details, Trump is clearly linking the harsh tariffs imposed on the People’s Republic on Tuesday to a TokTok deal. However, there has been no indication from China throughout this entire ban process over the last few years that they are actually interested in selling TikTok in part or whole, nor how much they would want for it.
