Deadline for TikTok sale extended by 75 days, as Trump vows to work with China [Video]

U.S. President Donald Trump extended a deadline by 75 days for Chinese technology company ByteDance to sell U.S. assets of popular short video app TikTok to a non-Chinese buyer or face a ban that was supposed to have taken effect in January under a 2024 law.

“The deal requires more work to ensure all necessary approvals are signed,” Trump said on social media, explaining why he was extending the deadline he set in January that was supposed to have expired on Saturday. “We hope to continue working in good faith with China, who I understand is not very happy about our reciprocal tariffs.”

China now faces a 54 per cent tariff on goods imported into the U.S. after Trump announced he was hiking them by 34 per cent this week, prompting China to retaliate on Friday. Trump has said he would be willing to reduce tariffs on China to get …