Washington: President Donald Trump said Thursday that the deadline for the Chinese company ByteDance to sell its assets in the popular short video app TikTok in the United States will 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.”
TikTok did not immediately respond to a request for comment.
ByteDance has been seeking to select buyers so that it can close the deal by mid-September and comply with Trump’s order to divest TikTok assets.
TikTok is famous for videos of dancing people, which are popular among teenagers. But US officials expressed concern that information about people using the platform might be passed on to Beijing. TikTok said it will not comply with any requests to share user data with Chinese authorities.
Republican Senator Josh Hawley, Trump’s close friend, told Reuters earlier on Thursday that he also does not support the extension.
Holly said that he does not support a result that does not include the entire sale.
Earlier this month, Reuters reported that potential TikTok buyers are discussing four ways to acquire from ByteDance, including buying the app’s business in the US without using key software.
“I’m sure there are any number of backdoors that are built into the code and of course ByteDance knows exactly what they are, so there needs to be a clean, clear, total separation,” Hawley said.