JAKARTA US President Donald Trump plans to extend the time limit for TikTok divestment for the fourth time. This is done so that the US can fully control TikTok's assets.
Supposedly, ByteDance as the parent company of TikTok had sold the platform to potential buyers in the US before September 17. However, according to sources familiar with the matter, according to Reuters, the deal has yet to be reached.
Apparently, Trump doubts about implementing the divestment rules firmly by closing the app. When asked how the future of the popular video app will be, Trump only emphasized the ongoing US negotiations.
"We are negotiating TikTok at the moment. We may let it die (unaccessible in the US) ... it depends on China," Trump said when met by reporters. "It's not really important. I want to do it for the kids."
On the other hand, the deal negotiations were slow due to major obstacles from China. The entire division of the TikTok algorithm requires direct approval from Beijing. This makes the process of selling or divestment very complicated.
An agreement that the US is working on, particularly Trump, will separate TikTok operations in the US from its center in China. If divestment is successful, TikTok will be implemented locally in the US with the majority of shares and operations of American investors.
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However, this deal was postponed after China indicated it would not give approval. This is a response from the Chinese government to the high import rate of goods set by Trump a few months ago.
Meski begitu, Menteri Keuangan AS, Scott Bessent, dan Perwakilan Dagang AS, Jamieson Total, telah memulai pembicaraan perdagangan dengan Wakil Perdana Menteri China, He Lifeng, dan NeGOsian Perdagang Utama China, Li Chenggang. Pembicaraan ini berlangsung sejak Minggu, 14 September.
One of the topics discussed is the future of TikTok in the US. Although there is a deal being discussed, this deal is not expected to be reached before September 17.
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