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Trump Open to Extending TikTok Sale Deadline; New Owner Needed by April 5

    • President Donald Trump stated that there is a lot of interest from US parties looking to buy TikTok and he is open to extending the sale deadline if needed.2
    • Trump mentioned that the sale process will determine whether he extends the deadline, indicating that he has at least another month before making a decision.1
    • TikTok must find a new owner by April 5 to avoid a shutdown in the US, as mandated by an executive order signed by Trump.1
    • A consortium called The People's Bid has been formed, including notable figures like Alexis Ohanian, to purchase TikTok.2
  • President Donald Trump stated there is a lot of interest from US parties in buying TikTok.
  • Trump indicated he has at least another month before deciding on extending the sale deadline.
  • TikTok must find a new owner by April 5 to avoid a shutdown in the US.

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