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TikTok Ban Threatens US Economy, Trump Considers 90-Day Extension
TikTok Ban Threatens US Economy, Trump Considers 90-Day Extension
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President Donald Trump is considering a 90-day extension to the TikTok ban deadline, allowing ByteDance, TikTok's Chinese parent company, more time to find a US-approved buyer. This decision comes as TikTok's ban could disrupt a significant economic ecosystem, including small businesses, social media entrepreneurs, and major advertisers. ByteDance estimates TikTok's contribution to the US economy at over $20 billion annually, comparable to the GDP of a small nation.
