President Donald Trump's plans to enable a US acquisition of TikTok have been thwarted by Trump's plans to tariff the shit out of China. According to The Verge, the new global tariffs imposed on China and dozens of other nations "seemingly torpedoed" plans for candidates — mostly like Oracle — to take over the ByteDance-owned app.

"My Administration has been working hard on a deal to save TikTok and we have made tremendous progress,” Trump said.

President Donald Trump on Friday gave TikTok another 75 days to be sold or banned in the United States, one day before the deadline.

President Trump on Friday said he would sign another executive order to delay enforcement of a law that effectively bans TikTok, amid talks about a possible deal to sell the widely popular platform. Mr.

President Trump revealed he had once again extended the TikTok sale deadline 75 days. See who's currently leading in the sales bids.

Trump originally set an April 5 deadline for TikTok to be taken offline if it wasn’t sold by its Chinese parent company. Now a new executive order will keep it up and running for 75 more days.

President Trump said Friday that he will sign an executive order to extend the deadline for China-based tech company ByteDance to sell TikTok to a U.S. buyer. ByteDance later acknowledged in a statement that it was working with the U.

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.

President Donald Trump is giving TikTok more time to sell its US operations, saying that "tremendous progress" has been made toward a deal and pushing off enforcement of a ban that was set to kick in Saturday.

The president said China was "not happy" with his tariffs, which are currently decimating the U.S. stock market.

Trump says he's signing an order to keep TikTok operating in US for another 75 days as he seeks a deal for US ownership.