The US authorities have decided not to extend the deadline for the sale of the US segment of TikTok. According to Reuters , citing sources, Washington does not rule out the continuation of negotiations with the Chinese ByteDance.
However, the information on the timing has not yet been officially confirmed: the White House declined to comment on this, and ministries of justice and commerce did not respond to the agency’s request. But sources Reuters indicated that the decision was made personally by the president Donald Trump .
In turn, Bloomberg notes that although the negotiations were not crowned with success, the parties they do not intend to take any radical action now: they believe that the deal will be closed before Trump leaves office in January 2021.
Initially, the United States planned to impose severe restrictions on the work of TikTok from November 12, if the Chinese side refuses to sell, then ByteDance we gave a deferral first until November 27, and then until December 4.