U.S. President Donald Trump will extend a June 19 deadline for China-based ByteDance to divest the U.S. assets of short video app TikTok for 90 days despite a law that mandated a sale or shutdown absent significant progress, the White House said on Tuesday.

TikTok now has until September to find a new owner in order to meet the requirements of a divest-or-ban law.

One of the first actions President Donald Trump took at the outset of his second presidency was granting a stay of execution for TikTok. Two and a half months later, he granted a second, and on June 18,