The US President, Donald Trump has said there will be no extension to the deadline given for the sale of video-sharing app, TikTok. The Trump administration had set September 20 as the deadline for the sale of TikTok operations in the United States.
Trump said, “There will be no extension of the TikTok deadline.”
The president has given the Chinese owner of the app, ByteDance, 45 days to sell it.
TikTok has refused to comment on Trump’s statement.
If ByteDance doesn’t sell the app, then US firms will be barred from doing business with it after the deadline has elapsed.
Mr. Trump, while clarifying that there will no extension to the deadline on Thursday said, “We’ll see what happens. It’ll either be closed up or they’ll sell it.”
According to Mr. Trump, TikTok and other Chinese apps that collect data on US citizens pose a national security threat.
TikTok had previously said it was “shocked” by the prospect of a ban.
The company has taken legal action.
ByteDance also faces restrictions on selling its assets to firms outside China, which further complicates the sale of TikTok.
Among the firms known to have expressed interest in buying TikTok are Microsoft and US retail giant Walmart.
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