Trump says he will 'most likely' give TikTok 90-day reprieve from ban
Published On Jan 18, 2025, 12:17 PM
Former President Donald Trump has indicated that he will likely grant TikTok a 90-day extension to avoid a ban that was set to begin on January 15, due to concerns over national security and data privacy regarding its Chinese parent company, ByteDance. TikTok has warned that it may go offline in the U.S. if no assurances are provided against the impending ban. Trump's administration will soon take charge, and he has expressed a personal interest in evaluating the situation further. The potential ban has raised concerns among content creators and small businesses that rely on the platform.
Stock Forecasts
META
Positive
The anticipated 90-day reprieve for TikTok may offer temporary support for its business and active user base in the U.S., creating a favorable sentiment in the market for tech companies reliant on social media advertising and engagement. If TikTok remains operational, this extension could benefit companies tied to digital marketing and social media analytics.
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