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Reuters
Published on
May 5, 2025
US President Donald Trump said he would postpone the deadline for June 19 for Chinese company bytedance to sell Tiktok American assets, the application of short videos used by 170 million Americans, if no agreement had been concluded by then.
“I would like […] I would like it to be done, “said Donald Trump on the program” Meet The Press With Kristen Welker “of NBC news, in a recorded interview on Friday in the property of Donald Trump in Mar-A-Lago, Palm Beach, Florida, and which will be broadcast on Sunday in all the United States.
Donald Trump said he had a “weak” for the application after she helped him gain the confidence of young voters in the 2024 presidential election, adding: “Tiktok is – it’s very interesting, but it will be protected.”
Donald Trump has already granted twice a stay to the application of a prohibition by Tiktok imposed by the Congress and which was initially to enter into force in January.
An agreement was being prepared, which provided for the split of Tiktok American activities in a new company based in the United States, owned and managed mainly by American investors, but it was suspended after China indicated that it would not approve of it following the announcement by Donald Trump high customs duties on Chinese products.
Democratic senators argue that Donald Trump does not have legal authority to extend the deadline, and suggest that the agreement that had been envisaged would not meet the legal requirements.
A source close to American investors by Bytedance said last month that work on the potential agreement continued before the deadline of June 19, but that the White House and Beijing should first resolve the tariff dispute.
Donald Trump told NBC News that China was wishing to reach an agreement, citing the impact of customs duties of 145 % on Chinese products on its economy.
He said that he would not lower customs duties to bring Beijing to the negotiating table, but that he could possibly lower them as part of a broader agreement.
“At one point, I will lower them because otherwise, you can never do business with them. And they really want to do business,” he said.
The law required Tiktok to stop its activities before January 19, unless Bytedance has proceeded to the sale of the American assets of the application. Donald Trump began his second presidential term on January 20 and chose not to apply the law. He first postponed the deadline to early April, then last month, on June 19.
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