Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Business Startups»President Donald Trump Says TikTok ‘Will Be Protected’ in US
    Business Startups

    President Donald Trump Says TikTok ‘Will Be Protected’ in US

    FintechFetchBy FintechFetchMay 6, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    On April 5, President Donald Trump extended the deadline for a TikTok sale to go through before being banned from U.S. app stores. This was the second extension already, and some experts, including “Shark Tank” star and venture capitalist Kevin O’Leary, suggested that there won’t be a third.

    They may have been wrong.

    Related: What Businesses Can Do Now to Prepare for a Possible TikTok Ban, According to a CEO

    In an interview with NBC’s “Meet the Press” that aired Sunday, Trump called TikTok “very interesting” and suggested he’d continue issuing extensions until a deal gets done.

    In the interview, which was pre-taped on Friday at Mar-a-Lago in Palm Beach, Florida, Trump said: “Perhaps I shouldn’t say this, but I have a little warm spot in my heart for TikTok.”

    “I’d like to see it done,” he added.

    In April 2024, Congress passed a law that gave TikTok until January 19, 2025, to separate from its parent company, China-based ByteDance, or face a ban in U.S. app stores. At the time, lawmakers were concerned about the Chinese government accessing U.S. user data and the spread of Chinese propaganda.

    Although a deal has yet to get done, there are numerous interested parties.

    Related: ‘I Am Open to Investing’: Mark Cuban Announces Open Call for ‘Anyone’ Who Can Build a TikTok Alternative

    Bids have been submitted from Amazon, billionaire and former L.A. Dodgers owner Frank McCourt (who teamed up with O’Leary and Reddit co-founder Alexis Ohanian), AI startup Perplexity, AppLovin, Larry Ellison, and more.

    Trump first tried to ban TikTok in 2020, but has since changed his mind. He reiterated to NBC that he has “a little sweet spot in my heart” for the app.

    “TikTok is…it’s very interesting, but it will be protected,” Trump told NBC.

    When asked if tariffs could be a TikTok bargaining chip, Trump said he would not eliminate tariffs, but suggested that everyone wants to make a deal.

    “They want to do business very much,” he said, per Reuters.

    The current 90-day extension ends in mid-June.

    Related: Dubai Chocolate’s Popularity on TikTok Is Causing a Pistachio Shortage



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleWhat Is Liquidity in Crypto? Everything You Need to Know
    Next Article Tan Choon Seng to Succeed Richard Koh as M-DAQ Group CEO
    FintechFetch
    • Website

    Related Posts

    Business Startups

    Building House of Highlights into a sports media powerhouse

    October 18, 2025
    Business Startups

    This week in business: Cinnamon scares, AI badges, and gold’s big glow-up

    October 18, 2025
    Business Startups

    Why did Apple subtract the “+” from Apple TV?

    October 18, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Solana Jumps 9% As Whales Quietly Accumulate Millions—Details

    March 2, 2025

    Ethereum’s Biggest Accumulation Wave Since 2018 Could Trigger Explosive Rally

    September 19, 2025

    Protecting Growth from Cost-Based Uncertainties: ChAI Launches AI Driven Price Risk Insurance

    March 31, 2025

    Bitcoin Will Soak Up Trillions From China And Russia: Billionaire

    September 24, 2025

    Gigachad (GIGA) Price Prediction 2025 2026 2027

    March 8, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    Bitcoin Faces Make-Or-Break Battle As 1.76 Million BTC Cluster Between $94,125 And $99,150

    April 28, 2025

    Facilitating Access to Finance in Underserved Communities Through Digital Banking

    July 16, 2025

    Is LINK USD Ready For a +50% Spike Into the Top 10? Chainlink: The New Tesla?

    September 15, 2025
    Our Picks

    Top 10 Fintech Software Development Companies Leading the Technological Revolution 2025: By Naina Rajgopalan

    October 18, 2025

    Building House of Highlights into a sports media powerhouse

    October 18, 2025

    DOTA 2 Crypto Hack: How Scammers Hacked DOTA2 YouTube Channel in Meme Coin Heist

    October 18, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.