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VisitTrump Likely to Grant TikTok 90-Day Extension Amid Supreme Court Ruling on ByteDance
Jan 19, 2025, 12:49 AM
President-elect Donald Trump has indicated that he is likely to grant TikTok a 90-day extension on Inauguration Day, which falls on Monday. This decision comes in the wake of a Supreme Court ruling that upheld a federal ban on the app, set to take effect on Sunday. The extension would allow Trump's incoming administration time to assess the situation regarding TikTok, which has been ordered to sever ties with its Chinese parent company, ByteDance, by the deadline. Trump's comments were made during interviews with NBC News and ABC News on Saturday, where he mentioned considering the extension as an appropriate measure while his administration reviews the issue.
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Markets
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