Trump will sign an executive order to extend the deadline for TikTok's sale by 90 days

ChainCatcher news, according to the Associated Press, U.S. President Trump will sign an executive order this week to extend the deadline for TikTok's parent company ByteDance to sell the app for another 90 days. This is the third extension since he took office, aimed at pushing the U.S. side to complete the acquisition of TikTok. Trump stated that he does not want TikTok to shut down and believes that Chinese President Xi Jinping will ultimately approve the divestiture deal. The TikTok ban in the U.S. is still in effect, and the sale negotiations have been repeatedly hindered by U.S.-China tensions.