President Trump has announced a 75-day extension for TikTok's sale deadline, allowing the platform more time to finalize a deal and avoid a ban. Despite this extension, TikTok must divest from its Chinese ownership to continue operations in the U.S. The President emphasized his commitment to helping TikTok and maintaining relations with China, despite ongoing tensions. Various bidders are interested in purchasing the platform, with Trump reportedly mediating the negotiations. The looming ban still poses a threat as TikTok remains classified as a foreign adversary under U.S. law.