Trump Threatens that TikTok will close down on September 15th

Trump Threatens that TikTok will close down on September 15th

President Donald Trump claims that TikTok will be out of business in the United States on September 15th if its Chines parent company ByteDance doesn’t sell it and provide the US Treasury Department with a lot of money backing off an earlier claim that he planned to ban the app over the weekend. This follows reports that Microsoft negotiated a 45-day window to acquire the company.

Trump announced the news at the White House, and elaborated on how he believes Microsoft or another “big”, “secure” and “very American” company should buy TikTok. He argued that it should buy the entirety of the company from ByteDance. The President also asserted that any deal will have to send “a very substantial portion” of the price into the Treasury Department’s coffers. He didn’t explain what this meant.


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