President Trump on Friday said he is signing an executive order to keep TikTok running in the U.S. for another 75 days to give his administration more time to broker a deal to bring the social media platform under American ownership.

The White House was hours away from announcing a proposal this week to spin off the popular video app TikTok when the Chinese government shattered the idea, saying it would not approve of any deal without first discussing President Donald Trump’s tariffs and trade policy,

The president had initially given China’s ByteDance until Saturday to sell or divest its U.S. TikTok business. The company now has 75 additional days.