Trump to extend TikTok sale deadline for third time, says White House
Earlier on Tuesday, he had told reporters on Air Force One he expected to again extend the deadline.
"Probably, yeah," Trump said when asked about extending the deadline. "Probably have to get China approval but I think we'll get it. I think President Xi will ultimately approve it."
The law required TikTok to stop operating by January 19 unless ByteDance had completed divesting the app's US assets or demonstrated significant progress toward a sale.
Trump began his second term as president on January 20 and opted not to enforce it. He first extended the deadline to early April, and then again last month to June 19.
In March, Trump said he would be willing to reduce tariffs on China to get a deal done with TikTok's Chinese parent ByteDance to sell the short video app used by 170-million Americans.
A deal had been in the works this spring that would spin off TikTok's US operations into a new US-based firm and majority-owned and operated by US investors, but it was put on hold after China indicated it would not approve it following Trump's announcements of steep tariffs on Chinese goods.
Democratic senators argue that Trump has no legal authority to extend the deadline, and suggest that the deal under consideration would not meet legal requirements.
Reuters
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


eNCA
2 hours ago
- eNCA
World Bank and IMF climate snub 'worrying', says COP29 presidency
BONN - The hosts of the most recent UN climate talks are worried international lenders are retreating from their commitments to help boost funding for developing countries' response to global warming. Major development banks have agreed to boost climate spending and are seen as crucial in the effort to dramatically increase finance to help poorer countries build resilience to impacts and invest in renewable energy. But anxiety has grown as the Trump administration has slashed foreign aid and discouraged US-based development lenders such as the World Bank and the International Monetary Fund from focussing on climate finance. Developing nations, excluding China, will need an estimated $1.3 trillion a year by 2035 in financial assistance to transition to renewable energy and climate-proof their economies from increasing weather extremes. Nowhere near this amount has been committed. At last year's UN COP29 summit in Azerbaijan, rich nations agreed to increase climate finance to $300 billion a year by 2035, an amount decried as woefully inadequate. Azerbaijan and Brazil, which is hosting this year's COP30 conference, have launched an initiative to reduce the shortfall, with the expectation of "significant" contributions from international lenders. But so far only two -- the African Development Bank and the Inter-American Development Bank -- have responded to a call to engage the initiative with ideas, said COP29 president Mukhtar Babayev. "We call on their shareholders to urgently help us to address these concerns," he told climate negotiators at a high-level summit in the German city of Bonn this week. "We fear that a complex and volatile global environment is distracting" many of those expected to play a big role in bridging the climate finance gap, he added. - A 'worrisome trend' - His team travelled to Washington in April for the IMF and World Bank's spring meetings hoping to find the same enthusiasm for climate lending they had encountered a year earlier. But instead they found institutions "very much reluctant now to talk about climate at all", said Azerbaijan's top climate negotiator Yalchin Rafiyev. This was a "worrisome trend", he said, given expectations these lenders would extend the finance needed in the absence of other sources. "They're very much needed," he said. The World Bank is directing 45 percent of its total lending to climate, as part of an action plan in place until June 2026, with the public portion of that spilt 50/50 between emissions reductions and building resilience. The United States, the World Bank's biggest shareholder, has pushed in a different direction. On the sidelines of the April spring meetings, US Treasury Secretary Scott Bessent urged the bank to focus on "dependable technologies" rather than "distortionary climate finance targets." This could mean investing in gas and other fossil fuel-based energy production, he said. Under the Paris Agreement, wealthy developed countries -- those most responsible for global warming to date -- are obliged to pay climate finance to poorer nations. Other countries, most notably China, make voluntary contributions. - Money matters - Finance is a source of long-running tensions at UN climate negotiations. Donors have consistently failed to deliver on past finance pledges, and have committed well below what experts agree developing nations need to cope with the climate crisis. The issue flared up again this week in Bonn, with nations at odds over whether to debate financial commitments from rich countries during the formal meetings. European nations have also pared back their foreign aid spending in recent months, raising fears that budgets for climate finance could also face a haircut. At COP29, multilateral development banks (MDBs) led by the World Bank Group estimated they could provide $120 billion annually in climate financing to low and middle income countries, and mobilise another $65 billion from the private sector by 2030. Their estimate for high income countries was $50 billion, with another $65 billion mobilised from the private sector. Rob Moore, of policy think tank E3G, said these lenders are the largest providers of international public finance to developing countries. "Whilst they are facing difficult political headwinds in some quarters, they would be doing both themselves and their clients a disservice by disengaging on climate change," he said. The World Bank in particular has done "a huge amount of work" to align its lending with global climate goals. "If they choose to step back this would be at their own detriment, and other banks like the regionally based MDBs would likely play a bigger role in shaping the economy of the future," he said. The World Bank declined to comment on the record.

The Herald
4 hours ago
- The Herald
How Tesla plans to remotely operate its robotaxis — and where the limits lie
Driving vehicles remotely on public roads has a major potential problem: it relies on cellular data connections that can drop or operate with a lag, disconnecting the vehicle from the remote driver in dangerous situations. Philip Koopman, a Carnegie Mellon University engineering professor and autonomous-vehicle safety expert, said that approach could work for a small test deployment of 10 vehicles, such as Tesla's initial effort in Austin, but he called teleoperation 'inherently unreliable technology'. 'Eventually you will lose connection at exactly the worst time,' he said. 'If they've done their homework, this won't ever happen for 10 cars. With a million cars, it's going to happen every day.' Former Waymo CEO Krafcik agreed, adding that the time delay in cell signal makes remote driving 'very risky'. On the other hand, relying on the vehicle to reach out for help and allowing the vehicle to be the decisionmaker are risky as well, Koopman said, as it does not guarantee the vehicle will make the right decision.


The Citizen
5 hours ago
- The Citizen
Mayor Nhlapho inspires young minds at Phillip Ndimande
Executive Mayor Clr Vusi Nhlapho brought inspiration and opportunity to Phillip Ndimande Senior Secondary School, following up on his promise to support and uplift young leaders in the community. The visit on June 9 comes on the heels of the Career Expo held at Witbank Dam in May, where learners were exposed to various career paths and mentorship opportunities. During the expo, Nhlapho introduced the 'Mayor for a Day' initiative, selecting an outstanding Grade 11 learner, Moses Zunguza, to experience local government leadership firsthand. As part of the initiative, Nhlapho presented Moses with a brand-new laptop to support his studies. 'This laptop is not just a reward, it's a tool to help you grow and reach your goals,' said the mayor. Principal Simon Mmakolo praised the mayor's commitment to education and youth empowerment. 'This visit means so much to our learners,' he said. 'Moses is a hardworking and promising learner, and this recognition sets a powerful example for the rest of the school.' Moses expressed gratitude for the opportunity and support. 'Being chosen as 'Mayor for a Day' has motivated me even more to work hard. I'm excited to learn, lead, and hopefully inspire others, too.' Breaking news at your fingertips … Follow WITBANK NEWS our website, Facebook, Twitter, Instagram or TikTok Chat to us: info@ At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!