President Donald Trump said on Thursday the deadline set for Chinese company ByteDance to sell its popular short-video app TikTok’s US assets would not be extended.
“It’ll either be closed up or they’ll sell it,” Trump told reporters before leaving for Michigan. “There will be no extension of the TikTok deadline.”
ByteDance has been looking to pick a buyer so it can finalise a deal by mid-September and comply with Trump’s order to divest TikTok’s assets.
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