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Trump Backs Off TikTok Ban as Microsoft Deal Talks Continue, Warns App Will Be Shut Down by Sept. 15 If Not Sold
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variety.comTodd Spangler NY Digital EditorPresident Trump will not try to immediately shut down TikTok as he had previously threatened but said the Chinese-owned app will be “out of business” by Sept.
15 in the U.S. if parent company ByteDance has not sold TikTok to Microsoft or another American company.“I set a date of around September 15, at which point it’s going to be out of business in the United States,” Trump told reporters, speaking Monday at the White House.
He also said that under any potential deal for TikTok — with Microsoft or any other U.S. entity — the U.S. Treasury “should be reimbursed or should paid a substantial amount of money,” but Trump did not detail what that would mean.
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