- The latest deadline was given for December 4
- The committee on Foreign Investment in the US gave the deadline
- The current deadline is ‘overlooked’ for the duration of the debate
The Trump administration has stated that ByteDance will not enforce its own deadline for selling or spinning out the business of video sharing platform TikTok in the United States.
The latest deadline for the move, given by the Committee on Foreign Investment in the United States (CFIUS) on November 28, was today December 4.
The current deadline between the Trump administration and TikTok is “overlooked for the duration of the debate,” but no extension is expected. It is confirmed that the United States does not enforce its own deadlines. The deadline is ‘highly motivated’ to complete the discussion about the sale.
Why did US Government ban TikTok?
TikTok was set to be effectively banned in the United States on November 12. This was after President Trump issued an executive order in August. The argument stated that it was a national security threat due to its parent company’s ties to China.
The Commerce Department laid out the specifics of that ban in September, setting initial measures that would have removed TikTok from U.S. app stores, and more serious measures that would have prevented Internet businesses in the country from working with TikTok.
The first part of the ban, which would have removed it from app stores. The ban was halted last month by a D.C. judge, who stood against the ban. It was said that the Trump administration’s proposed ban against TikTok may “likely exceed” the bounds of the law.
Trump administration’s argument
The Trump administration has repeatedly argued that TikTok and ByteDance are a national security risk. Also, the US Commerce Department issued an order to block TikTok in September.
But Trump then said that he approved of a bid by Oracle and Walmart “in concept” to create a new US-based entity called TikTok Global. Although it’s not clear how that would address concerns of security risks. That deal also requires final approval from China, which hasn’t come yet, either.
