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        <title><![CDATA[Trump won’t give ByteDance more time for TikTok sale]]></title>
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            <media:title type="html">Trump won’t give ByteDance more time for TikTok sale</media:title>
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        <content:encoded><![CDATA[<p>President Trump said he won&#8217;t give Chinese tech giant ByteDance any more time to sell TikTok&#8217;s US operations before the feds ban the popular app.</p><p>&#8220;We’ll either close up TikTok in this country for security reasons or it’ll be sold,&#8221; Trump <strong>told reporters</strong> Thursday before a trip to Michigan. &#8220;I’m not extending deadlines.&#8221;</p><p>The president&#8217;s comments added to the pressure for an American company to buy the short-video platform within weeks — an already difficult deal that the Chinese government <strong>has made more complex</strong>.</p><p>Trump said Thursday that the sale deadline was Sept. 15, suggesting the government was mere days away from shutting down TikTok in the US. But his Aug. 6 <strong>executive order</strong> banning transactions between ByteDance and American companies won&#8217;t take effect until Sept. 20.</p><p>ByteDance could have a <strong>tough time meeting that deadline</strong> because of new Chinese export rules that would likely subject the TikTok deal to a government licensing procedure there — a process that may take until after the Nov. 3 presidential election, <strong>according to Bloomberg News</strong>.</p><p>A <strong>separate order</strong> Trump issued Aug. 14 gave ByteDance 90 days to divest the app&#8217;s US operations, suggesting that it had until Nov. 12 to find an American buyer. TikTok&#8217;s suitors include Microsoft — which is working on a bid with Walmart — and software giant Oracle.</p><p>The White House did not immediately clarify which deadline was correct.</p><p>TikTok <strong>filed a lawsuit</strong> last month challenging the Trump administration&#8217;s efforts to force a sale amid concerns that Americans’ user data could be shared with China&#8217;s government, charges that TikTok has denied.</p><p>&#8220;TikTok is loved by 100 million Americans because it&#8217;s a home for entertainment, self-expression, and connection,&#8221; a TikTok spokesperson said in a statement Friday. &#8220;We&#8217;re committed to continuing to bring joy to families and meaningful careers to those who create on our platform for many years to come.&#8221;</p><p>A ByteDance spokesman did not immediately respond to a request for comment.</p>]]></content:encoded>
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