Trump extends the deadline for a 75 -day tiktok prohibition to give more time to complete the agreement

The President of the United States, Donald Trump, has extended the deadline for the prohibition of the Tiktok social media platform, which is owned by the Chinese Bytedance company.

Trump, who made the disclosure in the post distributed on social truth on Friday, revealed that he had extended the deadline of 75 days to give more time to complete the agreement.

“My government has worked very hard in an agreement to save Tiktok, and we have made extraordinary progress,” Trump wrote. “The agreement requires more work to ensure that all the required agreements are signed, which is why I signed the executive order to keep the tiktok and run for 75 additional days.”

Also read: Meta agrees to pay Donald Trump $ 25 million to complete the Federal 2021 lawsuit

This happened two months after Trump signed an executive order to establish US sovereign wealth funds, which might be used to obtain tiktok.

The creation of funds is expected within 12 months by the US Department of Finance and Trade, with a potential source of funding referred to as tariffs and other ways.

Trump has discussed with various parties about buying Tiktok, including Microsoft and Tesla’s CEO who has the potential for Elon Musk or Chairman of Oracle Larry Ellison.

Join the conversation

Opinion

Supports Nigeria’s ripples, resistant Journalism Solutions

A balanced and fearful journalism that is driven by data comes with enormous financial costs.

As a media platform, we ask for leadership accountability and will not trade the right to suppress freedom and freedom of speech for a piece of cake.

If you like what we do, and ready to uphold journalism solutions, friendly Nigerian ripples cause.

Your support will help ensure that residents and institutions continue to have free access to credible and reliable information for community development.

Donation now