Trump Signals Third TikTok Deal Extension Hopeful for China’s OK

- Trump remains optimistic about securing China’s approval for TikTok sale. - Third extension underlines ongoing legal and trade complexities. Aboard Air Force One on June 17, 2025, President Trump signaled a probable third extension for the TikTok US sale deadline, expressing hope that Chinese President Xi Jinping would approve the deal. On June 17, Reuters reported President Trump indicated a likely extension of the June 19, 2025, deadline for ByteDance to divest TikTok. This potential extension would follow previous ones on January 20, 2025, and April 4, 2025. Speaking to reporters, Trump highlighted his belief that President Xi Jinping would eventually approve the sale; this approval would mark the deadline's third extension. Also on June 17, Forbes reported that Trump suggested he would likely extend the deadline to ensure a favorable resolution. Similarly, on June 17, Yahoo News and USA Today confirmed Trump's statement about the probable extension, emphasizing that it would be the third delay if enacted. Furthermore, reports from Spectrum News and PBS NewsHour on June 17 corroborated the comments Trump made on Air Force One, noting that the deal needs China's approval to proceed. Additionally, on June 17, Business Standard and PYMNTS.com reported on Trump's indication of an extension, citing his remarks to reporters. These consistent reports from multiple outlets underscore the significance of the potential extension and President Trump's confidence in securing an agreement. On June 17, at 14:00 UTC, CoinMarketCap reported Ethereum (ETH) was trading at $2,784, and its 24-hour trading volume had increased by 1.6%.