Trump announces a 75-day grace period for TikTok under the "sell or be banned" law
Former President Donald Trump announced a 75-day grace period for TikTok under the "sell or be banned" law, aimed at pushing for an agreement with its parent company ByteDance. Trump stated that the government has made significant progress but still requires more effort. According to a bill signed by Biden in 2024, TikTok must be sold to a non-Chinese company within 270 days, or it will be banned in the United States after January 19, 2025
Xinhua News Agency, Washington, April 4 (Reporter Xiong Maoling) - On April 4, U.S. President Trump announced on social media that he would sign an executive order granting TikTok a 75-day grace period under the "sell or be banned" law.
Trump stated that his administration has been working to push for an agreement to "save TikTok" and has "made significant progress," but more work is needed to reach an agreement.
In April 2024, then U.S. President Biden signed a "sell or be banned" bill passed by both houses of Congress, requiring TikTok's parent company ByteDance to sell TikTok to a non-Chinese company within 270 days, or the app would be banned in the U.S. after January 19, 2025.
On January 20 of this year, Trump signed an executive order on his first day in office, granting TikTok a 75-day grace period under the "sell or be banned" law. This grace period was originally set to expire on April 5.
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