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Trump extends deadline for TikTok: A deal in limbo!
President Trump grants TikTok a 90-day extension in the US, but remains available despite concerns from politicians.
Trump extends deadline for TikTok: A deal in limbo!
President Donald Trump has granted TikTok a 90-day extension, allowing the European video app to remain available in the United States. This happens despite an existing US law that requires TikTok to exit the American market. Originally, TikTok, which is owned by the Chinese company Bytedance, would have had to be sold or taken offline by January 19, 2021. Trump granted an additional 75 days when he took office last January.
However, the decision to further extend the deadline is legally controversial as there is no clear basis for this step. So far there are no ongoing sales negotiations that could appear promising. Policymakers and experts are concerned that the Chinese government could potentially use TikTok to spy on American users or influence public opinion in the United States. In response to these allegations, TikTok and Bytedance have vehemently denied any allegations.
Controversies surrounding the algorithm
A central point of contention in the discussion about TikTok is the app's algorithm, which determines the selection of videos for users. Existing US law states that neither the Chinese government nor Bytedance can have control over this algorithm. However, China requires its approval for the sale of software algorithms abroad, which further complicates negotiations over a possible sale.
In the spring, Trump promised to grant lower additional tariffs to China in exchange for approval of the TikTok sale. These developments show that despite the regulatory challenges, TikTok's popularity in the USA is expected to be maintained. Trump's spokeswoman emphasized the enormous use of the app and saw the extension of the deadline as an opportunity for a "good deal".
Political backgrounds
Despite the messy situation, TikTok remains active in the US for the time being, and management remains under pressure to complete a sale or clearly distance itself from the Chinese government. The next steps remain to be seen, particularly with regard to further legal and political developments. The situation is tense for the users and stakeholders of the app, while the results of these measures will only become apparent in the future.