President Trump to extend TikTok deadline for a third time

(NBC, KYMA/KECY) - President Donald Trump will extend a deadline for the owner of TikTok to find a U.S. buyer so that it can remain operating in the country, the White House said Tuesday.

President Trump plans to sign an executive order this week which will keep the platform, which has about 170 million U.S. users, running despite a bipartisan law banning it over national security concerns.

The 2024 law requires the app's Beijing-based parent company, ByteDance, to sell it to a non-Chinese buyer or face a nationwide prohibition.

The order will give ByteDance three more months to comply with the law, which was upheld early this year by the Supreme Court.

During his first term, Trump banned TikTok with an executive order, arguing it was a potential tool of a foreign adversary, China. Courts thwarted that ban.

The law was passed last year and was set to take effect as Trump began his second presidential term.