ByteDance gave more time: TikTok sale deadline extended to mid-November

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ByteDance gave more time: TikTok sale deadline extended to mid-November

On Friday, US President Donald Trump signed an executive order extending the smooth operation of TikTok in the US for another 58 days, until November 12, sources say. A week ago, we recall, Trump ordered ByteDance to leave the United States within 45 days – until September 15. Extending the timeline for the transfer or liquidation of TikTok’s business in the United States will definitely facilitate the transformation process.

tiktok
TikTok

It should be said that the hasty change in the timing of the elimination of Chinese influence on the American segment of the TikTok service does not look like a well-thought-out strategy and is impulsive. It can be assumed that a potential American buyer of this American division of ByteDance also does not fit into Trump’s 45 days. After all, all permits required to transfer business must be reviewed and approved by the US regulatory authorities, and there is never a rush.

According to the American publications opposed to Trump, for example, the New York Times, American intelligence has no evidence that TikTok transfers data about American citizens to Chinese government structures (military, intelligence, and others). However, for Trump, the order to ban TikTok in the United States fits into the logic of his policy from the very beginning of his work as president of this country. He and his administration are seeking to reduce China’s influence and opportunities in the United States and at the expense of the United States, both politically and economically. And in our globalized world, it hits every side, including the United States. With which, one way or another, even the president of this country has to reckon with.