U.S. President Donald Trump announced on April 4, 2025, that he is granting TikTok an additional 75 days to negotiate a deal with American companies that would effectively dissociate the popular short video application from its Chinese parent company, ByteDance.

This decision aims to allow TikTok to continue operating in the United States under terms that meet the administration’s security concerns.

In a statement made via his social media platform, Truth Social, Trump highlighted the progress made by his administration to save TikTok.

He indicated that further work is necessary to ensure all required approvals are signed before the current deadline expires.

"My administration has worked hard to reach a deal to save TikTok and we have made significant progress.

The deal requires more work to ensure that all necessary approvals are signed, so I will sign an executive order to keep TikTok operational for another 75 days," he stated.

Trump expressed a desire to collaborate with China to finalize the deal, stating, "We don’t want TikTok to disappear.

We expect to work with TikTok and China to close the deal."

The president also noted the discontent from China regarding the tariffs imposed by his administration on the Asian giant.

He claimed that China is not satisfied with the reciprocal tariffs, which he characterized as necessary for fair trade between the U.S. and China, labeling tariffs as a powerful economic tool critical to national security.

During the week leading up to this announcement, Trump indicated a willingness to offer tariff relief to China, contingent upon the approval of the ongoing deal to separate ByteDance from TikTok operations in the U.S. The app had faced a deadline set by the U.S. to detach from its Chinese parent company.

The previous Congress, under the administration of former Democratic President Joe Biden, had passed legislation requiring TikTok to secure an investment from a non-adversarial country by January 20, 2025. Failing to reach an agreement led to TikTok experiencing temporary operational disruptions in the U.S. until Trump signed an executive order on his first day back in the White House that extended the deadline by 75 days.

Trump mentioned that TikTok has multiple interested investors, although he did not disclose any names.

Reports suggest that major contenders for the application include Amazon, Oracle, and the founder of OnlyFans.

In a move he described as "Liberation Day," Trump additionally imposed a 10% tariff on 184 countries and territories, including the European Union.

In the case of China, he announced tariffs of 34%, which are to be added to an existing 20% tariff, bringing the total to 54%.