President Trump is poised to extend the TikTok ban deadline – for the third time – as the White House and China prepare to hold trade talks, On The Money has learned. The previous extension to the law — which forces TikTok’s Chinese parent company Bytedance to sell the popular video-sharing app in the US — expires June 19, but the two nations are expected to begin hashing out their feud over tariffs this week. A Wall Street banker involved in the deal to sell the app to US investors said Trump could be persuaded to let TikTok “go dark” and disappear from app stores on June 19 if he believes it will give him a strategic advantage in the complex and at times acrimonious trade deal negotiations with the Chinese.
Author: Charles Gasparino
Published at: 2025-06-03 22:49:54
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