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Announced on Tuesday, the move marks the fourth deferment of the law that originally intended to compel the sale of the popular video-sharing platform from its Chinese parent company ByteDance.
The decision, issued via executive order, came even after Trump told reporters earlier in the day that Washington and Beijing had reached an agreement on a new ownership framework for TikTok’s US operations.
Previous delays took place in January, April, and June.
Observers say the postponements reflected the complications that the administration faces in its controversial efforts to try to implicate the platform in alleged “security concerns.”
TikTok, itself, has consistently rejected claims that it “shares” user data with Chinese authorities and has actively contested US restrictions in federal courts.
The latest postponement, which would have expired on Wednesday, temporarily shields TikTok from the law that was signed in 2024 by then-president Joe Biden.
Choosing to pause the ban, Trump, a known social media advocate whose 2024 campaign heavily leveraged online platforms, emphasized the app’s global popularity and “value” that, he said, would “hate to see [being] thrown away.”
“We have a deal on TikTok; I’ve reached an agreement with China. I’ll speak with President Xi on Friday to finalize it,” he said, noting interest from major US companies to acquire stakes in the platform.
China confirmed the agreement framework on Monday, with a formal conclusion expected during the heads of state’s upcoming call.
According to The Wall Street Journal, the platform, now boasting nearly two billion users worldwide, would see its US business controlled by a consortium, including Oracle and Andreessen Horowitz, while Chinese stakeholders retain under 20 percent.
Existing US investors such as Susquehanna International, KKR, and General Atlantic would collectively hold about 80 percent.
Reports, meanwhile, noted that a key focus remains TikTok’s influential algorithm, which drives the platform’s global popularity.
The preliminary deal emerged from negotiations in Madrid between US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng.
The executive order ensures that the Justice Department cannot retroactively enforce the ban on activities dating back to January 19, 2025, preserving TikTok’s uninterrupted operations during this transitional period.
Ever since the introduction of the law, various reports have pointed to US officials’ actually opposing the app for its failing to follow Washington’s strict pro-Israeli policies.
Source: Press TV
This page is the English version of Almasirah Media Network website and it focuses on delivering all leading News and developments in Yemen, the Middle East and the world. In the eara of misinformation imposed by the main stream media in the Middle East and abroad, Almasirah Media Network strives towards promoting knowledge, principle values and justice, among all societies and cultures in the world
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