Trump will extend the divestment deadline and give ByteDance and U.S. investors 120 more days to finalize a deal.
A woman poses with her smartphone displaying the @realdonaldtrump TikTok page, in Washington on Jan. 19, 2025. Shannon Stapleton/Reuters
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President Donald Trump will sign an executive order approving a new TikTok U.S. joint venture on Sept. 25, a White House official told The Epoch Times.
The order will extend China-based ByteDance’s divestment deadline for 120 days, giving U.S. investors and ByteDance time to seek regulatory approvals and close a deal.
Catherine Yang is a reporter for The Epoch Times based in New York.
