Trump announces a 75-day grace period for TikTok under the "sell or be banned" law

Wallstreetcn
2025.04.04 20:01
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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