US-China Relations

Trump to Sign TikTok US Deal on Thursday

Trump will extend the divestment deadline and give ByteDance and U.S. investors 120 more days to finalize a deal.
Trump to Sign TikTok US Deal on Thursday
The TikTok logo in Tokyo, on Sept. 28, 2020. Kiichiro Sato/AP Photo
Catherine Yang
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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
Catherine Yang
Author
Catherine Yang has been with The Epoch Times in New York since 2008. She also launched and previously served as chief editor of American Essence magazine and Epoch Health.