TikTok in the US: Sale on the Finish Line?
President Donald Trump stated that the deal to sell TikTok to an American company must be completed by April 4. This is the deadline set by law, which prohibits apps controlled by "hostile foreign states."
- China does not want to lose TikTok and is setting its own conditions, including possible control over algorithms.
- The US has strict requirements for the deal, making it more difficult to finalize.
- Trump is considering extending the deadline or even offering tariff concessions to China if it helps close the deal.
- Investors are closely watching the situation, as the outcome will impact the technology and social media market.
What’s next? Sale, ban, or another compromise? The answer will be known this week.
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