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US Commerce Sec. Stresses TikTok Must Sell US Biz Control or Face Ban
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Unless China agrees to sell the control of TikTok's US business, TikTok will be banned in the US, US Commerce Secretary Howard Lutnick stated.

Last year, the US Congress passed a bill stipulating that unless TikTok's parent company ByteDance proceeds with a sale, TikTok will be banned.

Related NewsLoan Prime Rate 1Y for 2025 in China is 3.0%, unchanged from the previous value of 3%. The forecast was 3.0%.
US President Donald Trump extended the sale deadline for the third time, with the latest deadline set for September 17.
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