Trump to Sign Executive Order to Extend U.S. Ban Deadline for TikTok

What Happened?

President Donald Trump said he would sign an executive order to extend the ban deadline for TikTok.

The moves will allow more time for a U.S. buyer to help keep the social platform operational in the U.S.

In a post on Truth Social, President Trump stated TikTok will be up and running for an additional 75 days.

'My administration has been working very hard on a deal to save TikTok, and we have made tremendous progress,' said Trump.

He adds the deal requires more work to ensure all necessary approvals are signed, which has prompted his efforts to extend the deadline.

'We hope to continue working in good faith with China, who I understand are not very happy about our reciprocal tariffs,' Trump stated. 'We do not want TikTok to go dark.'

Trump's announcement comes as a list of buyers is making last-minute efforts to acquire a stake in the app and its 170 million U.S. users.

Why it Matters

Vice President JD Vance said during an interview Thursday that a deal to save TikTok would be reached before an April 5 deadline.

Vance told Fox News that the stakes have risen in pursuit of saving the platform and that a couple of days were still needed to 'finalize some things.'

Trump recently held a closed-door meeting with top aides to discuss potential investors before the previous pending ban enforcement date.

Walmart is actively considering joining the group of investors to buy TikTok, according to reports.

Walmart's interest was reportedly triggered by Amazon, who placed its last-minute bid by letter to Vice President Vance and Commerce Secretary Howard Lutnick.

Software company Oracle, investment firm Blackstone, and Microsoft are reportedly among other possible investors who have entered discussions.

TikTok's U.S. services were restored after the app temporarily went dark for users following the Supreme Court's 27-page unsigned opinion.

The higher court unanimously upheld the law to ban the app.

ByteDance had agreed to work with the U.S. on a long-term solution after a previous extension was made by Trump.

Experts questioned if the law would allow a venture involving China amid a 20% cap for 'foreign adversary' owners.

The White House is reportedly working on a spin-off U.S. entity for TikTok.

How it Affects You

If TikTok's parent company ByteDance does not aim to sell to a U.S. buyer, it will still face a U.S. ban as required by U.S. Congress.

The Trump administration is also reportedly considering a leasing deal despite concerns that ByteDance would still have operational control.

It is unclear if Trump's decision to another ban extension will result in a deal that would satisfy Congress members.

Over one million U.S. content creators still await a decision as the U.S. and China are engaging in a trade war.