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Trump Extends TikTok Sale Deadline Amid New Bidders

4/4/2025

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Trump Facilitates TikTok Sale
  • President Trump extended TikTok's sale deadline by 75 days, facilitating ongoing negotiations.
  • New bidders, including Amazon and Oracle, seek to limit ByteDance's ownership to below 20%.
  • U.S. tariffs complicate negotiations, necessitating Chinese government approval for any agreement.
  • Trump suggested using TikTok negotiations to tackle tariff issues with China.
  • ByteDance confirmed ongoing discussions but highlighted unresolved issues that may impact the sale.
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