US President Donald Trump failed to finalize a deal to sell Chinese-owned TikTok to American investors and issued an executive order extending the deadline by 75 days to keep the app operational. Trump stated in a Truth Social post that more work is needed for necessary approvals, expressing hope to reach an agreement with China despite tensions over tariffs. The US Supreme Court upheld a TikTok ban, leaving the app’s fate uncertain as it faces separation from its Chinese parent, ByteDance, or potential shutdown.
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