The US president Donald Trump extend the time -limit to Chinese Technology Company byTedance by 75 days to sell US assets of the popular Tiktok app to non -Chinese buyer.

“The deal requires more work to ensure that all the necessary approvals are signed,” Trump said, explaining why he gave an extension. “We hope to continue working good faith with China, which I understand is not very happy for our mutual duties.”

China now faces 54% duties on products imported to the United States. Trump has said he would be willing to reduce duties in China to reach an agreement with ByTedance.

Trump said his government was in contact with four different teams about a possible Tiktok deal. However, he did not give more details of what they might be.

“We don’t want Tiktok to ‘darken’,” Trump added.

JEF JEF’s Susquehanna International Group and Bill Ford’s General Atlantic, both represented by the BYTEDANCE Board of Directors, lead the discussions with the White House, Reuters said.

The biggest obstacle to any agreement on Tiktok’s activities in the US is the approval of the Chinese government. So far, Beijing has not made public commitment to allow sale.