The article discusses President Trump's recent decision to pause the divestment of TikTok from its Chinese parent company, ByteDance. This move contradicts a law passed by Congress, which set a divestment deadline in January 2025. Trump's executive order hints at potential involvement from Oracle's Larry Ellison or Elon Musk, raising concerns about crony capitalism. The article contrasts Trump's current stance with his earlier claims that TikTok posed a national security threat, highlighting his shifting relations with China and the legal implications of his actions.
The law permits the president to grant a single 90-day extension if he makes certain certifications to Congress regarding progress toward a qualified divestiture.
Now Trump looks to rescue TikTok and its parent and cozies up to China, contradicting his previous stance on the app as a national security threat.
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