Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

The latest AI move from Meta could make its biggest business even stronger

October 9, 2025

Bitcoin climbs on Fed rate cut signals, ETF inflows

October 9, 2025

New EU steel tariffs, meant to curb Chinese imports, giving carmakers a migraine

October 9, 2025
Facebook X (Twitter) Instagram
Thursday, October 9
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Donald Trump plans to delay TikTok ban for a third time
USA

Donald Trump plans to delay TikTok ban for a third time

adminBy adminJune 17, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 67


Unlock the White House Watch newsletter for free

Your guide to what Trump’s second term means for Washington, business and the world

The White House has said it will allow TikTok to continue operations in the US for another 90 days, extending a deadline for the popular Chinese-owned social media app to divest a stake in the platform to satisfy American law.

“President [Donald] Trump will sign an additional executive order this week to keep TikTok up and running,” White House press secretary Karoline Leavitt said on Tuesday. “As he has said many times, president Trump does not want TikTok to go dark.

“This extension will last 90 days, which the administration will spend working to ensure this deal is closed so that the American people can continue to use TikTok with the assurance that their data is safe and secure.”

Last year, Congress passed legislation to force ByteDance, TikTok’s Chinese owner, to sell the app or face a ban in the US.

Trump has promised to “save” the app and has twice extended the deadline — first from January to April, and then from April to June 19 — after failing to deliver a deal, which requires sign-off from China.

Ahead of the April deadline, the White House was closing in on an agreement that would spin off TikTok from ByteDance and create a US company to receive new investment, diluting the stakes of Chinese investors. 

Under the terms of that deal, investors, including Andreessen Horowitz and Blackstone, would have owned about half of TikTok’s US business, while large existing investors, including General Atlantic, Susquehanna and KKR, would have held about 30 per cent of the new entity.

The Financial Times has previously reported that the White House had considered other potential outside investors, including rightwing media star Tucker Carlson.

Recommended

Close up of Donald Trump leaning over to talk to Xi Jinping

ByteDance told the White House and investors that Beijing was willing to approve the deal, according to one person familiar with the matter. But after Trump announced tariffs on China and other countries on April 2, ByteDance informed the investors that Beijing had rescinded its approval. The White House was waiting for the US-China trade tensions to ease before trying to resurrect the deal, according to the person.

In 2020, during his first term as president, Trump moved to block TikTok, writing in an executive order that its data collection “threatens to allow the Chinese Communist party access to Americans’ personal and proprietary information”.

Trump changed his approach to the platform, however, after he used it to reach younger voters in the 2024 election. In May, Trump told NBC that he had “a little warm spot in my heart for TikTok”.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

USA

Why Intel investors have embraced an interventionist White House

August 28, 2025
USA

Trump’s attack on the Fed threatens US credibility

August 27, 2025
USA

The next stage of the Fed takeover

August 27, 2025
USA

Surging US electricity prices put Trump pledge in jeopardy

August 27, 2025
USA

EU moves to shield aluminium from Trump tariff blow

August 27, 2025
USA

Donald Trump’s battle against the Fed heads for courtroom showdown

August 26, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

US companies ‘strongly desire’ to invest in Pakistan’s energy, critical minerals, IT sectors – Business & Finance

October 9, 2025

IMF-Pakistan SLA delay holds up $1.25 billion loan tranche – Pakistan

October 9, 2025

Gold takes a breather after safe-haven demand fuels record run – Markets

October 9, 2025

US approves some Nvidia UAE sales, Bloomberg News reports – Markets

October 9, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • The latest AI move from Meta could make its biggest business even stronger
  • Bitcoin climbs on Fed rate cut signals, ETF inflows
  • New EU steel tariffs, meant to curb Chinese imports, giving carmakers a migraine
  • US companies ‘strongly desire’ to invest in Pakistan’s energy, critical minerals, IT sectors – Business & Finance
  • The Club’s top 10 things to watch in the stock market Thursday

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

The latest AI move from Meta could make its biggest business even stronger

October 9, 2025

Bitcoin climbs on Fed rate cut signals, ETF inflows

October 9, 2025

New EU steel tariffs, meant to curb Chinese imports, giving carmakers a migraine

October 9, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.