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 by 90 days despite a law that had mandated a sale or a shutdown absent significant progress,

TikTok will live on for at least another three months in the United States, as President Donald Trump is poised to extend a sale or ban deadline for the third time since taking office this year.

"As he has said many times, President Trump does not want TikTok to go dark. This extension will last 90 days, which the Administration will spend working to ensure this deal is closed so that the American people can continue to use TikTok with the assurance that their data is safe and secure," Leavitt said in a statement.