TikTok restored US services after Donald Trump pledged to delay enforcement of a ban. Yet it’s not clear whether the app’s Chinese parent is able — or willing — to secure a US backer in time to avoid a permanent shutdown.

Trump warned he could hit China with 100% tariffs if it intervened and blocked a deal to allow 50% U.S. ownership of TikTok.

For many of America’s 170 million TikTok users, US President Donald Trump’s move to delay a legal ban of the popular social media platform was cause for celebration. But in China, where TikTok’s parent company is based,

In an executive order signed on Monday, Trump instructed the U.S. attorney general to not enforce the ban for 75 days while his administration determines “the appropriate course forward in an orderly way that protects national security while avoiding an abrupt shutdown” of TikTok.

Kevin O’Leary says that he’s still interested in deal for TikTok, but that it’s no longer legally viable, even after Trump extended a ban on the platform.

Chinese authorities appear to be softening their stance on the fate of TikTok, possibly paving the way for Beijing-based ByteDance to begin talks with American investors, according to people familiar with the matter.

A change to China’s export rules could give Beijing sign off on any deal that would force the internet giant ByteDance to give up TikTok.

On Sunday, before the inauguration, Trump suggested that a joint venture was the solution to the TikTok problem. Trump wrote on his Truth Social platform that he “would like the United States to have 50% ownership position in a joint venture” and said that would keep TikTok in “good hands.”

Business leaders, lawmakers, legal scholars, and influencers who make money on TikTok are watching to see how Trump tries to resolve a thicket of regulatory, legal, financial and geopolitical

TikTok has publicly thanked Trump for the extension, calling it a "strong stand for the First Amendment and against arbitrary censorship" and said it plans to work with the President-elect to find a "long-term solution that keeps TikTok in the United States."

The founder of the app’s parent, Beijing-based ByteDance, met with Elon Musk last year.