TikTok Sale Deadline on Hold as Talks With U.S. Continue
- No new deadline is expected while deal discussions progress
- Administration wants to finalize deal before Trump’s term ends
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A deadline set by the Trump administration for the forced sale of TikTok’s U.S. assets will come and go Friday without a final deal, according to people familiar with the discussions.
While the deadline has been extended multiple times, TikTok isn’t expected to receive a new one, said the people, who asked not to be identified because the decision isn’t yet public. TikTok is still in talks with the U.S. government about a sale that satisfies the administration’s national security concerns, but Friday’s deadline will be allowed to lapse while the discussions continue.