• TikTok US deadline pushed back to mid-June
• Trump has been threatening shutdown for months
• Big tech firms mulling buyout from ByteDance parent

With all the tariffs drama, you might wonder where Donald Trump finds the time to think about other stuff, but TikTok’s US business has found a spot on his agenda. Trump extended the deadline for ByteDance to sell TikTok’s US operations by 75 days, pushing the new line in the sand into mid-June.

The US president has been threatening the Chinese-owned social media network with a sale or shut down for months, citing ‘national security’ concerns. He has now decided that more time is needed to resolve the issue.

WHO’S EYEING TIKTOK US

ByteDance confirmed ongoing talks with the US government, while Amazon (AMZN:NASDAQ), Oracle (ORCL:NYSE), and mobile apps tech firm Applovin (APP:NASDAQ) have all expressed interest in acquiring the platform’s US assets.

Trump’s latest comments also tied the deal to broader trade tensions with China, saying he hoped to continue negotiations ‘in good faith’, whatever that means in Trumpland.

Ultimately, updates on this front could add another layer of volatility to a market already rattled by geopolitical uncertainty, but it’s an interesting story to watch.

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