President Donald Trump delayed TikTok ban enforcement in United States by 75 days, giving popular video-sharing app more time. Move comes as national security concerns linger over Chinese-owned app.

Trump announced decision on Truth Social, saying his administration works hard to save TikTok, but key approvals remain pending. He stressed no desire to see TikTok “go dark” while pushing for deal with China.

Passed in April 2024, US law gave TikTok nine months to exit Chinese ownership or face ban. Deadline passed without agreement, prompting Trump to extend timeline again. Talks aim to form new US-based entity, reducing China’s ByteDance stake below 20% to comply with law.

Reuters reports suggest increased American partnership for ByteDance, with CBS News hinting at involvement from tech giants like Blackstone and Oracle alongside other influential investors. No official names confirmed yet.

Trump tied TikTok negotiations to broader trade discussions with China. US currently imposes up to 54% tariffs on Chinese goods. President hinted at possible tariff cuts to secure TikTok deal. During election campaign, Trump vowed never to ban TikTok, reversing his earlier stance from first term when he targeted app over security risks.

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China retaliated, announcing 34% tariffs on US goods starting April 10, per Chinese Finance Ministry. Beijing also plans export controls on rare earth minerals. Analysts fear escalating trade war between world’s two largest economies could destabilize global commerce. TikTok’s fate remains uncertain as US-China tensions grow.