Trump Extends TikTok Divestment Deadline to December 16 Following Framework Deal with China
President Trump has extended TikTok's divestment deadline to December 16 for the fourth time, following a U.S.-China framework deal to transfer U.S. operations to American companies like Oracle, addressing security concerns.
Overview
President Trump has extended the deadline for TikTok's owner, ByteDance, to divest its U.S. operations until December 16, marking the fourth such extension.
This repeated delay follows a framework deal reached with China, aiming to transfer TikTok's U.S. assets to American ownership to address national security concerns.
U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng were instrumental in reaching this framework, with President Trump planning to finalize details with President Xi Jinping.
A consortium of American companies, including Oracle, is actively discussing plans to control TikTok's U.S. operations, with Oracle having previously bid for the platform in 2020.
The extensions delay enforcement of a bipartisan 2024 law mandating TikTok's sale due to security risks, addressing lawmaker concerns about data collection and algorithm vulnerability.
Analysis
Center-leaning sources cover this story neutrally, presenting a factual account of President Trump's repeated delays in enforcing the TikTok ban. They include diverse perspectives, such as congressional concerns, legal expert opinions on presidential power, and ongoing negotiations, without employing loaded language or prioritizing a single viewpoint, thus maintaining an objective tone.
Sources (58)
Center (27)
FAQ
The deadline was extended to allow time to finalize a framework deal between the U.S. and China that transfers TikTok's U.S. operations to American companies, addressing national security concerns.
U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng played instrumental roles in reaching the framework deal, with President Trump planning to finalize the details with Chinese President Xi Jinping.
A consortium of American companies, including Oracle, is actively discussing plans to take control of TikTok's U.S. operations, with Oracle having previously bid for TikTok back in 2020.
The extensions delay enforcement of a bipartisan 2024 law that mandates TikTok's sale due to concerns about security risks, including data collection and potential vulnerability of TikTok's algorithms.
President Trump signed the executive order extending TikTok's deadline before boarding Air Force One on his way to London, ahead of a meeting with the King the next day.
History
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